I am doing taxes for a deceased family member who has a capital loss of $11k for 2025, but only $3k applies this year. Do I keep filing each year for balance?

[mmbart]

There would be nothing else on the tax form except this. Are we required to file and does that mean there is a refund to claim?

[ThomasM125 · Accepted solution]

You don't need to file a return in the year of death or any future year since you cannot use the capital loss carryover once the person is gone. You could have used up to $3,000 of the capital loss on the last tax return of the deceased, but you aren't required to file the final return to only report that.