This whole situation has got me very confused. I had a large capital loss in 2015. For a few years I was able to write-off $3000/yr loss. Also my total amount of carryover would decrease that same amount. Then for some reason the tax forms changed to where I would still get the $3000 writeoff, but the amount to be carried over would not decrease. This has been the only reason for me to file to keep track of my carryover, I do not get a refund nor pay anything. So does this carryover ever go away? I do not need the deduction, the whole thing is crazy.
Just wondering if that situation of having an unfinished carryover will alert the IRS if I did not file? It does nothing but make more paperwork.
