Can i carry gifted land held 20 years directly to my schedule D and use my carry over long term loss and pay capital gains tax on the balance?

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Can i carry gifted land held 20 years directly to my schedule D and use my carry over long term loss and pay capital gains tax on the balance?

Technically it goes to the form 8949 and then to the Sch D but yes you can.

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Can i carry gifted land held 20 years directly to my schedule D and use my carry over long term loss and pay capital gains tax on the balance?

Did you sell the gifted land?

Can i carry gifted land held 20 years directly to my schedule D and use my carry over long term loss and pay capital gains tax on the balance?

yes, in 2018

Can i carry gifted land held 20 years directly to my schedule D and use my carry over long term loss and pay capital gains tax on the balance?

Technically it goes to the form 8949 and then to the Sch D but yes you can.

Can i carry gifted land held 20 years directly to my schedule D and use my carry over long term loss and pay capital gains tax on the balance?

Yes, your capital loss carry forward will offset your capital gains from the sale of the land.

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