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Investors & landlords
Yes, to claim losses for carry-forward treatment, you will need to file tax returns for all previous years. The losses will accumulate until until the loss is used up, either by reducing your taxable income or netted against capital gains.
You can deduct up to $3,000 in capital losses each year ($1,500 if you're married filing separately).
For additional info, see: How do I enter my capital loss carryover?
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‎June 4, 2019
10:42 PM