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Carry over captial gain loss from 2020
I failed to correctly report my capital gain loss in 2020 and the IRS brought to my attention after 2021 tax return was filed. I worked with the IRS to correct my 2020 return; however, I was only able to deduct $3000 of a total $17,000 loss. Now I would like to carry over my $14,000 loss to my 2022 tax return. Is this possible and how might I go about this? I suspect I need to complete a "Capital Loss Carryover worksheet"?
Thanks,
Patrick
March 25, 2023
1:52 PM