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How to file a capital loss carryover in previous years not filed?
For 2014, 2015 or 2016 I have not filed a return due to low income which based on the IRS online questionnaire. The questionnaire did not ask about capital losses. However, I think it is better file return(s) that document losses now rather than file later. For 2014 and 2016 I have Capital losses from stock I want to carryover for when my income increases in the future.
Should I file all the past returns 2014-16 and 2017 or just compile all losses on the 2017 return with capital loss carryover? If just 2017, what supporting documentation should I provide i.e the Carryover Worksheet in Turbo Tax ?
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‎June 4, 2019
10:42 PM