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Level 1
Mar 10, 2020 5:31 PM UTC
Question

Capital Loss Carry Forward under $3000

I started investing in 2018 in taxable accounts.  I got an amended statement from my broker after I filed my 2018 taxes that showed a small capital loss for 2018 (~ $800).  Can I carry that loss forward and offset any capital gains in 2019 or is it lost forever (or do I need to file an amended return for 2018)?

    1 reply

    Alumni - Intuit
    Mar 10, 2020 6:34 PM UTC

    You should amend your 2018 tax return to show the capital loss. You may get a refund by doing so. 

     

    Click here for directions.

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