You'll need to sign in or create an account to connect with an expert.
The loss has to be reported in the year it took place, so it would be reported on the 2016 return.
Now if there is a capital loss it is possible to carryover a capital loss from one year to the next.
The loss has to be reported in the year it took place, so it would be reported on the 2016 return.
Now if there is a capital loss it is possible to carryover a capital loss from one year to the next.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
wormie
Level 1
sunshine39
Level 2
jamestax
New Member
ckvjfh
Returning Member
grids
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.