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March 24, 2025
Question

Capital Loss Carryover

  • March 24, 2025
  • 1 reply
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    1 reply

    JohnB5677
    March 24, 2025

    After balancing out capital gains and losses, you are limited to a $3,000 capital loss.

    • Additional losses will carry over to following years.
    • TurboTax will do this for you.
    • It will be reported on Schedule D
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