I noticed I forgot to carry forward my capital losses since 2016

[Biz123]

I noticed I forgot to carry forward my capital losses since 2016. I know I should have paid attention. Can I forward my usual maximum amount of $3000.00 to 2020 tax return without going through amendment process? I don't want to through the headache of amending 5 years of taxes.

Thanks for all your help.

[fanfare]

if you are audited and your carryover amounts this year do not match last year's Schedule D, your deduction will probably be  denied.

[Biz123]

Is it possible to amend my Tax returns since 2016 to correct for the missed capital losses carry forward? Or there is a process that limits it?

[ColeenD3 · Accepted solution]

Yes, you should amend each year to have the correct entry on your 2020 return. 

[Biz123]

Thanks for quick and concise answer. 

[Mike9241]

your issue is determining how much of that 2016 capital loss remains, if any,  for use in 2020.   

[Biz123]

Over 60000.00 left to be used for carrying forward.

[Biz123]

Another quick question. How long should I wait between amended filings? Can I file them at the same time?