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Investors & landlords
Simple answer: No.
But taxes aren't simple. You are allowed to use either your standard or itemized deductions to reduce your taxable income before having to use your capital loss. So, in a year that you use the standard deduction, it;s possible that you might not have as big a carry forward, to the next year, as you would have had with a large amount of itemized deductions.
TurboTax can handle it and will prepare a "Capital loss carry forward worksheet" to show the how much of your capital loss that will be carried forward to 2019.
‎June 1, 2019
12:49 PM