in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
492506
If I amend capital loss carryover for 2014 & 2016 do I also need to amend 2015 to get correct loss carryover for 2017.
You'll need to sign in or create an account to connect with an expert.
yes...the 2014 correction needs to be reflected on the 2015 return which then affects the 2016 return...etc. The loss carry forward is a domino effect.
yes...the 2014 correction needs to be reflected on the 2015 return which then affects the 2016 return...etc. The loss carry forward is a domino effect.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ecwangus
Level 3
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
mycst85
New Member
lmunoz101923
New Member
mmcdono7612
New Member
berfinozcan
New Member