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Capital Loss Carryover for New Joint Filers
My fiancee has a relatively low income but a large (about $200K) carryover loss. I have a considerably higher income. Assuming that we file a joint tax return after our marriage, does her carryover loss "carry over" to the joint return? I can't find any documentation on the IRS site that addresses this scenario specifically. Thanks.
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‎July 5, 2024
5:17 AM