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spiderpop
New Member

What must I do to have my mother's return for 2017 recognize a capital loss carry forward of $7,800 when she died during the year?

My mother had a capital loss carry forward of $7,800 into 2017.  She died during the year.  TurboTax is presently limiting the loss on her return to $1,500 and showing a carry out of $6,300.  What must I do to have TurboTax recognize the full $7,800 loss this year (her final year)?

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Hal_Al
Level 15

What must I do to have my mother's return for 2017 recognize a capital loss carry forward of $7,800 when she died during the year?

You can't. The other $6300 is simply lost. I assume she is using Married filing separately (MFS) filing status if she is using only $1500. Single and Head of Household may deduct $3000.

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1 Reply
Hal_Al
Level 15

What must I do to have my mother's return for 2017 recognize a capital loss carry forward of $7,800 when she died during the year?

You can't. The other $6300 is simply lost. I assume she is using Married filing separately (MFS) filing status if she is using only $1500. Single and Head of Household may deduct $3000.

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