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Capital loss Carry over from late filing on prior years
Hi,
I was late in filing my 2022 return but i filed my 2023 return on time.
I had a $28k loss in the 2022 return, but did not have the correct carry over on my 2023 return.
I understand I need to file an amended 2023 return to get the correct carry over amount.
Do I need to wait for the 2023 amended return to be accepted before I enter the total carryover on my 2024 return? Or can I go ahead and use the corrected carryover loss on my 2024 return?
For example, if my 2022 return carryover loss was $28k, and my 2023 return was $5k, should I go ahead and bring $33k into my 2024 return or do I have to wait for the 2023 amendment to be accepted first?
Topics:
March 5, 2025
8:02 PM