JotikaT2
Expert Alumni

Retirement tax questions

Can you please clarify the section of the program you are in and whether you are referring to the federal return or a specific state so we can assist you?

 

Typically, a carryover is a loss that may have been limited in a prior year due to tax laws.  This carryover is sometimes allowed to be carried forward to the following year and used to offset any income earned in a subsequent year.

 

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