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altchoice
New Member

do I have to use capital gains losses this year?

I do not want to harvest capital losses this year so how do I remove from form
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2 Replies

do I have to use capital gains losses this year?

A capital loss carryover has to used each year until it is completed.  You cannot select which tax year you want to use the carryover.

Vanessa A
Expert Alumni

do I have to use capital gains losses this year?

Yes.  If you have capital losses that you are carrying over, you must use them consecutively.  You cannot pick and choose which years to use them in. 

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