- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Do I have to use/report the max Capital Loss Carryover???? Please help
Greetings - I have $80K in Capital Losses carried over from last year. Last year I reported the maximum $3k and it did NOT help my tax return at all. So what is the point of reporting the max or can I put in 0 or say 100 and carryover the rest to a time when it's actually beneficial??? Say when I have actual capital gains to offset???
Just seems dumb to draw down on my capital losses when it's not beneficial at all. Thank you so much
‎April 19, 2020
1:40 PM