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New Member
posted Feb 2, 2024 7:56:21 AM

What am I suppose to put in the box that says Arkansas long-term capital loss carryover?

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1 Replies
Expert Alumni
Feb 5, 2024 9:02:59 AM

Normally, nothing, unless you have a long-term capitol loss carryover.

 

A capitol loss is a loss taken on a capitol asset. A capitol asset is something like a stock or other investment property.

 

This quetion applies only if you have capitol losses recognized in Arkansas.