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Visitor II

Capital Gains Carryover

I have a captial gains loss that is being carried over from last year. Is there a way, with Turbo Tax, to not take possibly (any or all) of this loss carry over that I would be entitled to carry over in this year and thus have more to carry over the next year. Turbo Tax would still have to keep track of this remaining carryover.   

2 Comments
Catalyst V

Capital Gains Carryover

No, you have to use the $3000 per year until its used up.  You cant choose to skip a year.

Visitor II

Capital Gains Carryover

Thanks