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Capital loss carryover
So I was married when my ex and I filed our 2022 return. Together we had about $8000 long term capital loss and about $1600 short term capital gain in 2022. The allowable loss for us was $3000. Our taxable income in 2022 was about $150,000.
We divorced in 2023. Since I'm filing the 2023 return on my own, I was wondering what numbers I should enter in the capital loss carryover section.
It asks for 4 numbers (line 15 taxable income on 1040, line 7 net short term capital gain or loss , line 15 net long-term capital gain or loss , and line 21 allowable loss, all on schedule D )
If we split the capital loss carryover, should I enter -$4000 for my net long-term capital loss. For the allowable loss, should I enter $3000 or $1500?
Thanks!
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‎February 18, 2024
2:31 PM