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Level 2
posted Feb 23, 2023 5:02:38 PM

If I had capital losses in 2021 and former years, why wouldn't I be entitled to capital losses in 2022?

Since 2017 I have been receiving - $3,000.00 in capital losses from an investment. The 2017 Capital Gains and Losses page shows -21,316. Each year from 2018-2021, it has shown -3,000. Why wouldn't I be entitled to -3,000 in 2022?

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1 Replies
Expert Alumni
Feb 23, 2023 5:46:08 PM

Yes, you should continue to get 3K in Capital Losses each year until the  entire amount of your 2017 loss has been used up.

 

Type 'capital loss carryover' in the Search window, then click on 'Jump to capital loss carryover' to make sure your carryover loss amounts are entered. 

 

Here's more info on How to Enter Capital Loss Carryover.