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February 21, 2025
Question

do I have to use capital gains losses this year?

  • February 21, 2025
  • 2 replies
  • 0 views
I do not want to harvest capital losses this year so how do I remove from form

    2 replies

    DoninGA
    Employee
    February 21, 2025

    A capital loss carryover has to used each year until it is completed.  You cannot select which tax year you want to use the carryover.

    February 21, 2025

    Yes.  If you have capital losses that you are carrying over, you must use them consecutively.  You cannot pick and choose which years to use them in. 

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