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How to claim loss carryover quicker?
I have 30K capital loss in 2019 tax return which I believe turning to 2020 carryover.
I was told that I can only use 3K of 30K carryover in 2020 return, is this true?
If this is true, does this mean I will need 10 year return to use up all my loss carryover?
Is there a way I can claim 30K loss quicker rather than 10-year span?
Your help is greatly appreciated.
‎December 30, 2020
7:15 PM