Question

Tax Loss Carry forward

Forum|Forum|6 years ago
February 13, 2020
1 reply
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My mother passed away in 2018. I inherited her assets. She had a tax loss carry forward to 2019 Can I claim her tax loss carry forward on my 2019 tax return?

LindaB1993

You can not use your mother's loss on your tax return.

On a decedent's final tax return, all income up to the date of death must be reported and all credits and deductions to which the decedent is entitled may be claimed on Form 1040

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