Investors & landlords


@JohnB5677 wrote:

The amounts may not match.  You should pull out your previous years' California returns and look at the Schedule D line 6 for the carryover.


@JohnB5677,

So if I follow the conversation correctly, previous year's return would be in 2018 for user arrowhead44. Isn't line 6 in Schedule D shows the previous year before 2018? 

I'm seeing line 6 for tax year 2018 as:

California capital loss carryover from 2017 if any

 

So clearly line 6 is not the right one to show the carryover information for 2019 tax year. I do see the carryover for 2018 in the California Capital Loss Carryover Worksheet under California tax. You have to view the forms on the top left corner (if you are using the desktop version).

 

Other than that, do you know why California and Federal have different carry over for capital loss (stocks)?