Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 12:03:12 PM

My husband has non-captial losses from last year that could bring his income to 0; this is not making any changes to MY income tax payable...could this be correct?

0 1 393
1 Replies
Level 2
Oct 30, 2019 12:03:13 PM

Correct.  Any claims that you would make with respect to your husband would be based on his "net income" (line 236 of his tax return) whereas a claim by him for non-capital losses from prior years would be made on line 252 of his tax return (after his net income is calculated) to arrive at his taxable income.