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Question

Can someone help please? I don’t know where I find the information for “Arkansas short term loss carryover”??

Forum|Forum|2 years ago
February 2, 2024
1 reply
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TurboTax Deluxe Online

My first thought is, "If you don't know what a short-term loss is, you probably don't have one."

A short-term loss is a loss on the disposition (sale) of an asset (like a stock or some investment property) that you had for less than a year. You have a carryover when you cannot take the entire loss in one year, so you carry over what remains to the next year.

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