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posted Jun 4, 2019 12:04:39 PM

Schedule d line 21 - do I have to claim a carry over loss this year or can I defer claiming it?

I have a non-refundable tax credit that I can only use part of because of a carryover loss on schedule D line 21 of $3,000.  I would like to not use that carryover loss from previous year but instead not claim it this year but have it carry forward to next year.

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1 Best answer
Level 15
Jun 4, 2019 12:04:40 PM

You have to use the capital loss carryover this year. You can't skip a year.

1 Replies
Level 15
Jun 4, 2019 12:04:40 PM

You have to use the capital loss carryover this year. You can't skip a year.