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Line 23 form 1041 is a loss

bufeoallen
Level 2
 
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2 Comments 2
sjrcpa
Level 15

And your question is?


Ex-AllStar
bufeoallen
Level 2

My apologies. I was interrupted and failed to notice that I'd sent the incomplete question.

The information for that line in the 1041 indicates to "see instructions" if there is a loss. I couldn't find any specific instructions. I presume that any loss on a pass through of income to the beneficiary would be treated like any other loss.

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