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Deductions & credits
this is great, thanks.. A little tangential Question if you may provide ur inputs..
I had to amend 2023 return to include property sale in India (Dec 2023) which is still under processing.. now based on this discussion I would need to further amend that return post processing it to ensure currency conversation rate is factored in as that will impact the Gain calculation to be factored in capital loss carry over ..
I had capital losses carried over from 2022 that I factored in 2023 pending amendment..The Q is while determining capital loss carried over for 2024, shall I take into account further amendment to I will be doing later to include currency conversation rates ?
‎April 4, 2025
5:10 PM