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February 24, 2025
Question

On the state return in the section Arkansas Short-Term Capital Loss Carryover its asking for me to enter a negative amount I have no idea what this is?

  • February 24, 2025
  • 1 reply
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    1 reply

    DawnC
    Employee
    March 5, 2025

    If you have a federal capital loss carryover then you probably have an Arkansas capital loss carryover as well. This would be from your 2023 tax return.   You can look at last year's tax return to verify.  

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