Markt Question 19 of 5 Nonductor Allocated to tax exempt income Allocated to taxable income Allocated pro rata among all types of income - Mark for follow up Question 20 of 75. If an ongoing estate generates a capital loss during the first year of administration, which of the follo true? The entire loss is passed through to the beneficiaries immediately The loss is suspended and carried forward indefinitely The amount of the capital loss is automatically carried forward and passed through to the benefic inal year The loss may offset up to $3.000 of income eamed by the estate during the year when determing the estate with any remaining capital loss carried forward. Mark for follow up estion 21 of 75. of the following apply to a simple trust, EXCEPT: I does not distribute principal must allow for principal distributions. income must be distributed currently Markt Question 19 of 5 Nonductor Allocated to tax exempt income Allocated to taxable income Allocated pro rata among all types of income - Mark for follow up Question 20 of 75. If an ongoing estate generates a capital loss during the first year of administration, which of the follo true? The entire loss is passed through to the beneficiaries immediately The loss is suspended and carried forward indefinitely The amount of the capital loss is automatically carried forward and passed through to the benefic inal year The loss may offset up to $3.000 of income eamed by the estate during the year when determing the estate with any remaining capital loss carried forward. Mark for follow up estion 21 of 75. of the following apply to a simple trust, EXCEPT: I does not distribute principal must allow for principal distributions. income must be distributed currently