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Here is a thought. If you have W-2 income entered on your tax return, change the amount shown in box 1 (by subtracting $3000) temporarily to simulate claiming the $3000 carryover loss. This will give you some idea of how your return might change. Do not forget to change the amount back.
Also, be aware that if you decide not to claim the $3000 loss on the 2017 return, you must still reduce the carryover by $3000 as if you did claim it. You cannot simply skip a year and claim it later.
Here is a thought. If you have W-2 income entered on your tax return, change the amount shown in box 1 (by subtracting $3000) temporarily to simulate claiming the $3000 carryover loss. This will give you some idea of how your return might change. Do not forget to change the amount back.
Also, be aware that if you decide not to claim the $3000 loss on the 2017 return, you must still reduce the carryover by $3000 as if you did claim it. You cannot simply skip a year and claim it later.
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