MarilynG1
Expert Alumni

Investors & landlords

Your $3,000 Capital Loss Carryover will reduce your income on your Federal return, which in turn reduces your California income.

 

Here's How to Enter a Capital Loss Carryover

 

For California, here's instructions on How to Enter Gain/Loss Adjustments. 

 

Here's more info on Capital Loss Carryovers in California.

 

 

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