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State tax filing
Thank you for your response. It seems that I should put my 2022 net loss on line 8 of the California Capital Gain or Loss Adjustment worksheet onto my 2023 form. But I'm wondering why I wouldn't reduce that amount from $780,530 to $777,530 since $3,000 was the limit to have been deducted on the 2022 return. Do I just keep inputing the $780,530 amount each year and Turbotax keeps a tally until that amount is used?
March 21, 2024
10:57 AM