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While doing 2023 return, I have discovered that I overstated 2022 capital losses. What should I do now?
I'm doing my 2023 return. I see that in the 1099-B interview for 2022, I failed to adjust the basis of a publicly traded partnership partial disposition per the K-1 sales schedule. This error did not affect my 2022 tax liability, but increased my capital loss carryover to 2023 by $138. Must I file an amended 2022 return, or can I just manually correct the capital loss carryover into 2023?
‎September 10, 2024
4:52 PM