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

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

lbateman2
New Member

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.....?

 
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

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. 

View solution in original post

1 Reply

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. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies