IsabellaG
Expert Alumni

Investors & landlords

Yes, you would need to enter any available capital losses in the program (not directly on the form). Massachusetts handles capital losses differently from the federal return. 

 

  1. You will see a screen in the Massachusetts return : Tell Us About Any Prior Year Carryover Losses. Check off where the carryover loss is reported on your 2023 MA return, either Schedule B, line 23 or  Schedule D, line 23.
  2. On Prior Short-Term Unused Losses, enter the amount as a negative number

 

 

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