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Glydeman
New Member

Wisconsin Capital Loss Carryforward

I have a situation with three children whose returns are virtually the same, consisting of bank interest and mutual fund dividends and capital gains.  Each have capitol loss carryforwards from prior year's investment activities.  For all children, the federal return treats the carryforward correctly/similarly.  However, for the state (WI), only two generate a schedule WD and make the correct adjustment to the WI capitol loss and resulting carryforward to the following year.  Any ideas on how to correct this situation?

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1 Reply
JohnB5677
Expert Alumni

Wisconsin Capital Loss Carryforward

If you go to the STATE portion of the main menu and go through the questions you will come to a point where you can adjust the Capital Loss Carryforward.  It sound like it was not picked up on that one.

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