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State tax filing
Yes. You can continue to take the maximum $3,000 on your federal return if you have enough income to use it. If not TurboTax will calculate your carryover.
California (CA):
Line 6 – California capital loss carryover from 2022 CA Capital Gain or Loss Adjustment
If you were a resident of California for all prior years, enter your California capital loss carryover from 2022. However, if you were a nonresident of California during any taxable year that generated a portion of your 2022 capital loss carryover, recalculate your 2022 capital loss carryover as if you resided in California for all prior years. Get FTB Pub. 1100, Taxation of Nonresidents and Individuals Who Change Residency, for more information. Enter your California capital loss carryover amount from 2022 on line 6.
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February 24, 2024
12:44 PM