I moved to Idaho in 2022. TurboTax Premier online is asking on Idaho State tax for Capital Gain (Loss) and showing the amount of -$3,000 in the Federal Capital Gain (Loss) box as a reference. This is the same amount that is shown as a Capital Loss Carryover used in 2022. I don't really understand this but how does this apply to the Idaho state tax question here? Do I put the loss in for Idaho or would they say, "Hey, wait a minute, you just got here?!?"
I hear that if it's a carryover then I just enter zero for Idaho otherwise, I would enter actual capital losses during 2022. Yet, I also hear Idaho conforms to the federal tax laws with respect to capital gain and loss reporting. This means that if you have a capital loss carryover from federal taxes, you can also use it as a capital loss deduction on your Idaho state tax return, subject to certain limitations and restrictions. Can anyone confirm? Thanks for any help. @HelenC12 has great state tax content.
Since all of the loss occurred before moving to Idaho, then it seems none of the loss will be allowed.
Idaho (ID) Instructions-form 39R: