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June 6, 2019
Solved

I don't want to use my capital loss carryover this year, how do I do this?

  • June 6, 2019
  • 1 reply
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Must I use the allowable 3000 capital loss carryover for 2015?  I want to not use any and carry it over to next year since it would not be advantageous for me to use it this year?

Best answer by ChelsiE2

Unfortunately, the IRS will not allow you to skip a year.  Even if it would be more advantageous to hold on to it and use it next year, you are still required to reduce the amount by $3,000 each year.

1 reply

ChelsiE2Answer
Employee
June 6, 2019

Unfortunately, the IRS will not allow you to skip a year.  Even if it would be more advantageous to hold on to it and use it next year, you are still required to reduce the amount by $3,000 each year.

June 6, 2019
My situation is similiar. I overlooked my capital loss carryover from 2014 and didn't claim it last year. Are there steps I can take to claim it this year or have I lost my chance?