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Level 1
posted May 31, 2019 6:10:02 PM

I've a capital loss carry-over from 2015 & able to use it to offset 2016 gains. But I prefer NOT to do that & instead use the 2015 carry-over in 2017. OK to skip a year?

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1 Best answer
Level 15
May 31, 2019 6:10:08 PM

No, it's not okay to skip a year. You have to carry over the capital loss from year to year. You have no choice about how to use it. Those are the rules.

1 Replies
Level 15
May 31, 2019 6:10:08 PM

No, it's not okay to skip a year. You have to carry over the capital loss from year to year. You have no choice about how to use it. Those are the rules.