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May 27, 2023
Question

Forgot to report loss in previous year tax return

  • May 27, 2023
  • 1 reply
  • 0 views

I forgot to report loss in tax return from last year. Can I report it as a loss carryover to this year? Can I also report this loss amount to California Capital Loss Carryover? 

1 reply

Critter-3
May 27, 2023

You must amend the 2022 return to report the loss and any unused amount can be carried to the 2023 return. 

AAH2Author
May 28, 2023

Thank you!