nishamarshalll
Returning Member

Community Basics

Hello

 

Yes, even if your daughter did not receive a W-2, you are still able to submit her taxes. You can report her income using the details from the 1099 documents she received.
Your daughter can still use the capital loss to offset capital gains in subsequent years even if she chooses not to file taxes this year. It's crucial to confirm, nevertheless, that she satisfies all conditions in order to be eligible to submit a capital loss claim in the future.

 

Regards

Nisha Marshall

Prestige Camden Gardens