Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

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Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

A capital loss cannot be carried back to a prior tax year.

Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

It's not a TurboTax limitation. The tax law does not allow capital losses to be carried back to previous years. This applies to both short-term and long-term losses.

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Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

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Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

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Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

Can short term stock losses be carried back against prior year's short term gains? If so, how is that accomplished in Turbotax? Thanks

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