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Loss Deduction on Estate 1041

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    Loss Deduction on Estate 1041

    I have read that you cannot take the capital loss from an Estate until the final year.

    However, can the loss generated from a Sch F be passed through on a K-1 before the final year? Everything I have read refers to income. But never actually addresses a loss.

    Thanks.

    #2
    There is no provision to pass through any loss from an estate on a K-1 to a beneficiary, other than in the year of termination. See TTB page 21-11 under Termination Year.

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      #3
      Thanks :>)

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