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Tax Loss Carry Forwards and Amending Returns
I just discovered that I have substantial Short-Term and Long-Term Tax Loss Carry Forwards that I have not used since my 2016 tax return. Reviewing my income filed for years 2017 - 2021, I believe that I might have been able to use some of the Carry forwards to reduce or eliminate taxes owed for some of those years. Can I apply those Carry Forwards as called for via Amended Tax filings? If so, how do I proceed?
‎April 8, 2022
9:46 AM