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Virginia: Can I apply my capital loss carryover (which originally occurred in Calif) in Virginia?

I had a capital loss in 2016 while I lived in California and was a Calif resident that will carryover into 2017 (and beyond!).  In mid-2017, I moved to Virginia and became a Virginia resident.  Can I use this carryover loss on Virginia state taxes?  (I know it applies to Fed taxes every year no problem.)  Or can I only use it on Feds and Calif taxes?

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Accepted Solutions
Coleen3
Intuit Alumni

Virginia: Can I apply my capital loss carryover (which originally occurred in Calif) in Virginia?

No. While a Federal return encompasses anything that happens in the US, states are very particular that they be treated as separate entities from every other state.

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1 Reply
Coleen3
Intuit Alumni

Virginia: Can I apply my capital loss carryover (which originally occurred in Calif) in Virginia?

No. While a Federal return encompasses anything that happens in the US, states are very particular that they be treated as separate entities from every other state.

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