Solved: The capital loss carry forward and carried forward forei...

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

In prior years we filed Married Filing Jointly, and had capital loss carried forward from 2016, and also foreign tax credit carried forward from 2016. (regular and AMT). How do we split these amounts for our 2017 Married filing Separately returns?

posted

The capital loss carry forward and carried forward foreign tax credits should be split 50-50 unless your separation agreement dictates otherwise.

For more information about filing Married Filing Jointly v Married Filing Separately, follow this link:

Married Filing Jointly v Separately .

View solution in original post

The capital loss carry forward and carried forward foreign tax credits should be split 50-50 unless your separation agreement dictates otherwise.

For more information about filing Married Filing Jointly v Married Filing Separately, follow this link:

Married Filing Jointly v Separately .

What is Capital Gains Tax and how do I know if I have to pay that Tax and how much I will have to pay on that Tax?

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

Get more help

Do you have a TurboTax Online account?

I was separated in 2017 &amp; Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

Do you have an Intuit account?

I was separated in 2017 &amp; Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

I was separated in 2017 &amp; Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?

I was separated in 2017 & Married filing Separately. How do I calculate individual amounts of capital loss and foreign tax credit carried forward from 2016 to 2017?