Can I get a tax refund this year if I made capital gains last year and paid tax on it, but made capital gains loss this year?
02719
2 Replies
Mike9241
Level 15
Dec 12, 2022 11:42:34 AM
the only capital loss carryback available is for regulated future contracts. capital losses on stocks, bonds, options, and mutual funds cannot be carried back
DoninGA
Level 15
Dec 12, 2022 11:44:24 AM
A tax refund or taxes owed is based on your total income, your total tax liabilities and the total of all taxes withheld and/or credits eligible to be received.