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March 23, 2025
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I have a Captial gains loss for filing Federal how does that effect my state filling ?

  • March 23, 2025
  • 1 reply
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I need to transfer my capital gains losses to State filling.
Best answer by fanfare

TurboTax handles that automatically, that's what you're paying for.

 

in New Jersey, net Capital Losses are no help.

1 reply

JohnB5677
March 23, 2025

States may have different rules and may not follow the Federal guidelines.

 

  • Please clarify the state that you are in and
  • What the losses are.

Contact us again to provide some additional details. 

 

 

 

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fanfare
fanfareAnswer
Employee
March 23, 2025

TurboTax handles that automatically, that's what you're paying for.

 

in New Jersey, net Capital Losses are no help.