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wyoungyou
March 7, 2025
Question

I had capital loss of -27489 in year 2022.How can I apply capital loss of -3000 in 2024 tax return?

  • March 7, 2025
  • 1 reply
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    1 reply

    V
    Vanessa A
    March 7, 2025

    If you had a capital loss in 2022, you would have had to carry it over to 2023 and apply it first to 2023.  Then it will carry over to 2024.  

     

    If you did not carry it over to 2023, you would need to Amend Your Return for 2023 and claim the carry over loss, then you can apply it to 2024. You need to use it every year consecutively in order to carry it forward.  You cannot pick and choose which years to use it. 

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