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1041 Capital Loss Carry Forward Question


Crank

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Im am doing a 1041 for a friend and have a LT capital loss of ~$7000. The program is calculating the current $3000 loss and the balance to the LT carry forward. Since this is the initial and final 1041 where does the LT loss carry forward get picked up since I assume there will be no 1041s in future years.

Obviously this is new territory for me ... after all these years.

Any help is appreciated.

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