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Capital loss carry over
OK, one the capital loss carryover page you have short term and long term and below, you have California carryovers. My CPA has been doing my taxes for years and within the last 2 has been adding $3000 per year for a stock loss of $15000. My understanding is that is still have $9000 to chip away at in $3000 increments. My question is exactly how and where to put these amounts. This is a long term capital loss. Regular tax, AMT, what do I put in these spots. And what is the California carryover area for?
I do live in CA for what its worth. Thanks in advance
‎February 4, 2020
2:08 PM