Can I use part of 13,000 capital loss carryover from 2016 if our 2017 income is 10,000 (with 2,400 withholding) and 44,000 soc security; TurboTax calculates 2,400 refund?
Recently retired, income only 10,00 from p/t job. Majority of income from Soc Security, (44,000). Fed. tax withholding 2,400. Turbo tax calculates that tax refund will be the amount of tax withheld, 2,400.