Can I choose to carry over a capital loss next year or must I take some or all of it this year against ordinary income?

Have no realized capital gains this year- all gains reinvested. Must I use the capital loss this year or can I use all of the capital losses on next years taxes?

posted

No, you cannot choose to carry it over to a future year instead of using it on your current year return.

For more information, see the TurboTax article below.

https://ttlc.intuit.com/replies/4789424

Does turbotax have worksheet for derivative etfs to calculate return of capital dividends that are not taxed ? How can I do this on taxes?

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Can I choose to carry over a capital loss next year or must I take some or all of it this year against ordinary income?

Can I choose to carry over a capital loss next year or must I take some or all of it this year against ordinary income?

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Can I choose to carry over a capital loss next year or must I take some or all of it this year against ordinary income?

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Can I choose to carry over a capital loss next year or must I take some or all of it this year against ordinary income?

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