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Annualized Income Method - How to report capital Loss Carryover
I will be using the Annualized Income Method to report my earnings throughout the year. Working through my return in turbotax on that section the prompt to report my gains/Losses comes up. Turbo tax wants to me allocate the capital loss carryover over the Jan-Mar, Jan-May, Jan-Aug timeframes. Not sure how to do this since the carryover is from previous years. Please advise.
‎February 21, 2024
1:10 PM