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#5
02-04-2004, 02:54 AM
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 Re: Carryover Capital Loss (Didn't claim it last year) Samir <samir_kumar[at]hotmail.com> wrote: - quote - > I sold some stocks in 2002 that resulted in a loss of about
No. You can file an amended return for 2002.> 3000 dollars. I didn't claim this on my last years tax > return. Can I now use this as a carryover captial loss this > year? Seth << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
02-03-2004, 06:40 AM
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| Re: Carryover Capital Loss (Didn't claim it last year) Samir wrote: - quote - > I sold some stocks in 2002 that resulted in a loss of about
Unless, perhaps you had negative taxable income last year,> 3000 dollars. I didn't claim this on my last years tax > return. Can I now use this as a carryover captial loss this > year? Status: Married filing jointly. you need to amend last year's return. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
02-03-2004, 05:23 AM
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| Re: Carryover Capital Loss (Didn't claim it last year) samir_kumar[at]hotmail.com (Samir) wrote: - quote - > I sold some stocks in 2002 that resulted in a loss of about
NO. You have to amend your 2002 tax return. Didn't you read> 3000 dollars. I didn't claim this on my last years tax > return. Can I now use this as a carryover captial loss this > year? Status: Married filing jointly. the Schedule D, Line 18 instructions? Did you fill out a 2002 Capital Loss Carryover Worksheet? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
02-03-2004, 05:04 AM
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| Re: Carryover Capital Loss (Didn't claim it last year) - quote - > I sold some stocks in 2002 that resulted in a loss of about
No, you must amend your 2002 return.> 3000 dollars. I didn't claim this on my last years tax > return. Can I now use this as a carryover captial loss this > year? Status: Married filing jointly. Helen, EA in PA Member of The Tax Gang Director, National Assoication of Enrolled Agents Immediate Past President, PA Society of Enrolled Agents << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
02-03-2004, 02:09 AM
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| Re: Carryover Capital Loss (Didn't claim it last year) samir_kumar[at]hotmail.com (Samir) writes: - quote - > I sold some stocks in 2002 that resulted in a loss of about
You need to go back and amend the 2002 return to show the> 3000 dollars. I didn't claim this on my last years tax > return. Can I now use this as a carryover captial loss this > year? Status: Married filing jointly. sale on Schedule D. The loss will then be used on your 2002 return, resulting in a refund, or carried forward to your 2003 return, depending on what other items are on the return. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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02-03-2004, 02:09 AM
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| Re: Carryover Capital Loss (Didn't claim it last year) samir_kumar[at]hotmail.com (Samir) wrote: - quote - > I sold some stocks in 2002 that resulted in a loss of about
You can file an amended return for 2002, and they'll send> 3000 dollars. I didn't claim this on my last years tax > return. Can I now use this as a carryover captial loss this > year? Status: Married filing jointly. you a refund for the excess tax you paid. -- Barry Margolin, barmar[at]alum.mit.edu Arlington, MA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
02-01-2004, 11:45 PM
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| Carryover Capital Loss (Didn't claim it last year) I sold some stocks in 2002 that resulted in a loss of about 3000 dollars. I didn't claim this on my last years tax return. Can I now use this as a carryover captial loss this year? Status: Married filing jointly. Thanks Samir << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| capital, carryover, claim, loss, year |
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