You'll need to sign in or create an account to connect with an expert.
If you have a federal capital loss carryover then you probably have an Arkansas capital loss carryover as well. This would be from your 2015 tax return
If you don't have one, don't enter a zero, leave the box blank. Entering zeroes when you aren't specifically instructed to enter zero can cause errors that prevent you from e-filing.
If you have a federal capital loss carryover then you probably have an Arkansas capital loss carryover as well. This would be from your 2015 tax return
If you don't have one, don't enter a zero, leave the box blank. Entering zeroes when you aren't specifically instructed to enter zero can cause errors that prevent you from e-filing.
If I leave my Arkansas Short-Term Capital Loss Carryover section blank don't I eventually have to fill it out? I have never done this on my own and it is only my second year filling out taxes. My dad passed away this year and he helped me last year. I just need some help.
If this is only your second year filing taxes, it's not likely that you'll have a carryover such as this.
A Short-Term Capital Loss Carryover represents a loss on a short term investment from a previous year, for which the entire loss couldn't be claimed in that year.
It most likely doesn't apply to you, and if that's the case, just leave the field blank.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Scott145
Returning Member
rockysmom7900
New Member
carmenrpaul
New Member
grac87942
New Member
JohnZ1111
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.