Dale
Aug 27 1999, 07:08 PM
Realized capital losses cannot be passed through to the beneficiary(ies) until the final year of a trust. For a Marital trust (Trust A with a QTIP election) does it make sense to recognize losses for tax purposes? Will accumulated realized losses be passed through to the spouse's final return (and be limited to $3,000) or will the accumulated losses be passed through to the heirs of the spouse?