Quote:
Originally Posted by Doug E
Spent the day doing our Federal and State (had to do 2 due to a move) returns ... there goes 6 hours I'll never get back.
Anybody know of a way a married filing jointly federal return can use more than the $3,000 capital loss from a carryover perspective ? I'd like to be able to apply more of the carry forward loss we have due to market investments but I can't see where that is possible.
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You mean you have a greater than $3000 loss from a prior year you wish to apply to this year? No, you can't do that, need to run it out over several years until it runs out.
Doug, I hope you're doing well. I'll be in Ohio for the Potomac mid-Ohio event in early May. Are you anywhere near there?
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