Hi Folks,
Can you please help me understand how this will work in my case? I have some Section 1256 contract losses which will carry back to a previous year.
Do I do send in, both the Fed and State Amendments at the same time? OR sequentially (Fed first - wait for acceptance, then do State)?
Are State procedures for amendment similar to Fed? (I'm in California - if it helps in responding).
TIA!
