3276023
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

California capital loss carryover

Hi. I'm just following up to find out why it is that I would use the amount on line 8 of my 2022 California Capital Gain or Loss Adjustment  as my capital loss carry over amount rather than using an amount that is $3,000 less than that. It is my understanding that we can only claim $3,000 of the excess loss each year. So if the amount on line 8 of my 2022 California Capital Gain or Loss Adjustment is $780,530 why wouldn't I input the amount of my capital loss carry over for 2023 as $777,530? 

 

Thank you 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question