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New Member
posted Mar 23, 2025 7:46:13 AM

I have a Captial gains loss for filing Federal how does that effect my state filling ?

I need to transfer my capital gains losses to State filling.

0 2 567
1 Best answer
Level 15
Mar 23, 2025 8:18:45 AM

TurboTax handles that automatically, that's what you're paying for.

 

in New Jersey, net Capital Losses are no help.

2 Replies
Expert Alumni
Mar 23, 2025 7:56:17 AM

States may have different rules and may not follow the Federal guidelines.

 

  • Please clarify the state that you are in and
  • What the losses are.

Contact us again to provide some additional details. 

 

 

 

Level 15
Mar 23, 2025 8:18:45 AM

TurboTax handles that automatically, that's what you're paying for.

 

in New Jersey, net Capital Losses are no help.