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State tax filing
Hi. I'm just following up to find out why it is that I would use the amount on line 8 of my 2022 California Capital Gain or Loss Adjustment as my capital loss carry over amount rather than using an amount that is $3,000 less than that. It is my understanding that we can only claim $3,000 of the excess loss each year. So if the amount on line 8 of my 2022 California Capital Gain or Loss Adjustment is $780,530 why wouldn't the amount of my capital loss carry over for 2023 be $777,530?
Thank you
March 22, 2024
6:28 PM