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I am preparing a 2017 trust tax return. 2 there are 3

I am preparing a...

I am preparing a 2017 trust tax return. This is Year 2 there are 3 beneficiaries. The only activity in the trust was interest on a bank account and the sale of the decedent’s primary residence. The sale of the residence resulted in a $28,000.00 loss. This is not the final year of the trust.
Can I allocate the loss to the beneficiaries via K-1 for 2017 or does the loss have to stay within the trust until the final return?If the loss has to be carried over do I need to make a loss carryover election when filing the 2017 return?

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3/23/2018
PDtax
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