Skip to main content
February 24, 2025
Question

Why was my capital gains distribution subtracted from my capital loss carryover?

  • February 24, 2025
  • 1 reply
  • 0 views
My capital gain divination was subtracted from my capital loss carryover. Is this correct?

    1 reply

    February 24, 2025

    Yes. Capital loss carryovers would be used to offset any capital gain distributions because they are the same type of income.

     

    If you are referring to the 'qualified' dividends this would be the appropriate tax treatment.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"