Thanks Cheryl. Was it clear that her capital loss was not reported on her 2015 and earlier years' returns? Her son prepared her return each year just to pay back the Home Buyers' Credit. I am now preparing our first joint return.
I don't know how it was reported. Look on her Schedule D, page 2 of her 2015 return for her loss carryover.
Since her son knew that she would have no taxable income he did not bother to enter her 1009-B or 1099-DIV on her return at all.
Then you'll have to recreate her capital loss. Go to the earliest year that she had one, and add that to the subsequent years.
Thanks Cheryl!!! That was the answer I was hoping for!!! Should I file amended returns for previous years to report the carryover to the IRS?
Interesting question, I would just keep the documentation, if they come back to you then you can worry about amending. It