Solved
As executor of an estate, I had to sell stock in the estate account for around $5800 but had a net capital loss of $11,000, so will I have to file an estate tax return?
No text available
On a final 1041 for the estate, you will be able to pass that loss along to the beneficiaries via their K-1s and they may be able to use their share of that loss against capital gain or other income on their individual income tax returns.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
