- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
First MA state return: can I use my carryover losses?
I moved to MA in 2021, and for some reason TurboTax is not automatically grabbing my carryover losses from the federal return to use in the MA return. That makes me wonder if I'm actually authorized to use carryover losses accrued while a resident of another state?
And should I split my use of the carryover losses between the old and the new state on a prorated basis?
I believe this would end up in schedule B, line 18 for short term carryover losses and schedule D, line 8 for long term.
Thanks!
Topics:
March 25, 2022
7:24 PM