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New Member
posted Apr 18, 2023 6:29:02 PM

How can I find my Arkansas Capital Loss Carryover?

I did not get my w-2 from my old employer and I have never heard of capital loss carryover. I have no idea what I’m doing.

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3 Replies
Returning Member
Apr 18, 2023 6:54:06 PM

You wouldn't have a capital loss carryover in Arkansas, unless you had a loss last year that you couldn't use from the sale of stock, or other capital assets.

 

The second issue you had, that you never received a W-2 from your employer - you should request it from them; or if you have access online (like a payroll company prepares the payroll for your employer) you can usually download it from there. 

 

 

Expert Alumni
Apr 18, 2023 7:00:43 PM

A capital loss carryover would be from the loss of the sale of capital assets, like stocks.  It is not related to  W2 income. You may be able to find the information on past year tax returns or TurboTax worksheets.

Expert Alumni
Apr 18, 2023 7:07:05 PM

If you had a Capital Loss from the sale of an Investment that you weren't able to deduct (a Carryover), you would probably know that.

 

You can probably leave 'Arkansas Capital Loss Carryover' blank.

 

Here's more info on Capital Gains and Losses.

 

@grac87942