☰
✕
Sign In

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 2:24:02 PM

My net cap loss on stocks sold in 2017 is $7,268.49. I'd like to apply this to 2016 but the net capital loss carryback only indicates $3,634.24. Why the difference?

0 1 917
1 Replies
New Member
Oct 30, 2019 2:24:03 PM

That is because capital gains/losses inclusion and deduction rate is 50%.