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State tax filing
Nope. Not if you are talking about personal stock/bond/mutual fund losses carried over from 2022 that are entered in your Federal tax return (if you have any, they do need to be entered in the Federal section).
The starting point for the NC tax return is the Federal AGI, and any capital loss carryovers are already applied and part of that Federal AGI value. So you don't get to deduct that loss a second time.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 4, 2024
1:38 PM