Community
:
Discussions
:
Taxes
:
Investors & landlords
:
Re: If you have a capital loss carryover of say $10,000 and the next year you have a gain of $30,000, does the ENTIRE loss carryover reduce the gain OR just $3000/year
DoninGA
Level 15
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Investors & landlords
The entire loss reduces the gains. So the carryover amount is completely used.
February 25, 2024
12:18 PM
