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how are carryovers of losses generally treated in the final year of an estate? Carryovers not absorbed in the final year are lost. Net operating

how are carryovers of losses generally treated in the final year of an estate?

Carryovers not absorbed in the final year are lost.

Net operating losses must be carried back two years on the final return.

Passive activity losses pass through to the beneficiaries in the form of an increased basis in the underlying property interest.

Capital losses are allocated to the estate estate

Capital losses are allocated to the estate only

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