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February 6, 2024
Question

I do not want to use the Capital loss. How do I delete it?

  • February 6, 2024
  • 1 reply
  • 0 views
And it says it is carrying over from last year.  I do not want to use it.

1 reply

February 6, 2024

If you have a capital loss carried over, you have to use $3,000 per tax year ($1,500 if Married Filing Separately) whether or not this reduces your tax liability. You cannot choose not to use it.

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