Refer to Problem C:14-42. How would your answer change if instead the trust were a complex trust that makes no distributions in 2019 and 2020? Assume the trust earns $8,000 of corporate bond interest income each year.

Data from Problem C:14-42:

A simple trust had a long-term capital loss of $10,000 for 2019 and a long-term capital gain of $15,000 for 2020. Its net accounting income and DNI are equal. Explain the tax treatment for the 2019 capital loss assuming the trust is in existence at the end of 2021.