Estate Return 1041

[neilbrink]

I am completing an initial and final 1041 for calander year 2001. Descedent died in January, 2011 and the estate had very little income. Some interest income and a house sold with a stepped-up value. With the attorney and tax preparer fees, the expense deductions are greater than the income, therefore no taxes due on the return. Do I still need to complete K-1s for the beneficiaries of the estate on the income that was earned, pass on the net loss to the beneficiaries, or not complete any K-1s because the estate had no taxes due?

[taxit]

Yes k-1's need to be completed.

[neilbrink]

Yes, I figured it out. Thanks.