turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

yogigirl
New Member

Hi, I had no income in 2016 but I had a Capital loss of $14 000. Should I file taxe? If it is not mandatory, will I be able to enter my loss in order to carry it over next time I file tax?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
RichardK
New Member

Hi, I had no income in 2016 but I had a Capital loss of $14 000. Should I file taxe? If it is not mandatory, will I be able to enter my loss in order to carry it over next time I file tax?

Yes, you should file your 2016 tax return, so you have the capital loss available for 2017.

View solution in original post

1 Reply
RichardK
New Member

Hi, I had no income in 2016 but I had a Capital loss of $14 000. Should I file taxe? If it is not mandatory, will I be able to enter my loss in order to carry it over next time I file tax?

Yes, you should file your 2016 tax return, so you have the capital loss available for 2017.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies