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mrk2010
New Member

If you have capital losses, from stocks and futures, carried over from previous year can they be used to offset a long term gain on a diamond ring/collectible?

 
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Hal_Al
Level 15

If you have capital losses, from stocks and futures, carried over from previous year can they be used to offset a long term gain on a diamond ring/collectible?

Yes. Turbotax will handle this on schedule D

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1 Reply
Hal_Al
Level 15

If you have capital losses, from stocks and futures, carried over from previous year can they be used to offset a long term gain on a diamond ring/collectible?

Yes. Turbotax will handle this on schedule D

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