I am filing my Mom's 2016 return, she passed in Feb 2016, and she has a capital loss carryover of approx $2,700 into 2017. How do I handle that? File next year or.....?
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I am filing my Mom's 2016 return, she passed in Feb 2016, and she has a capital loss carryover of approx $2,700 into 2017. How do I handle that? File next year or.....?
I am filing my Mom's 2016 return, she passed in Feb 2016, and she has a capital loss carryover of approx $2,700 into 2017. How do I handle that? File next year or.....?
No, upon death, any capital loss carry over not used on the final return will be annihilated.
I am filing my Mom's 2016 return, she passed in Feb 2016, and she has a capital loss carryover of approx $2,700 into 2017. How do I handle that? File next year or.....?
No, upon death, any capital loss carry over not used on the final return will be annihilated.
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