1041 Excess deductions on Termination of a Trust
On a 1041 can you accumulate excess deduction (from year to year) and pass them out in the final year of the trust? Trust has been open for 5 years.
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On a 1041 can you accumulate excess deduction (from year to year) and pass them out in the final year of the trust? Trust has been open for 5 years.