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Investors & landlords
As the others indicate, it is not optional. You have to report the sale and the resultant capital loss on this year's tax return.
Even if you are exempt from filing a return this year (income under the filing threshold) you must track (re-calculate) the capital loss carry forward as if you had filed a return.
Even if you are exempt from filing a return this year (income under the filing threshold) you must track (re-calculate) the capital loss carry forward as if you had filed a return.
‎June 7, 2019
2:53 PM