1041-US: Carryovers and unused deductions on a final return (FAQ)

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to access the electronic filing transmission feature in CS Connect.

Thomson Reuters is committed to proactively evolving our security features to help you protect your firm and your clients' data. For more information about multi-factor authentication, see Multi-factor authentication overview.

Question

What happens to carryovers and unused deductions on a final return?

Answer

When an estate or trust terminates, the following items are available to pass through to beneficiaries.

When an estate or trust terminates, the following items expire.

Related topic: 1041-US: Final return of Form 1041 FAQs

Share This