TAXMAN Posted March 28, 2022 Report Posted March 28, 2022 TP and spouse mfj in 2021. TP deceased 2021. Have a carryover of cg loss that was the TP's(sp not involved). I realize c/o cannot continue onwards. Question is can I take remainder of loss on a joint filed 2021 return? Where do I put it? I am drawing a blank. Quote
jklcpa Posted March 28, 2022 Report Posted March 28, 2022 Yes, just enter as you would if TP lived all year in the usual manner in the Sch D input and mark it as belonging to the taxpayer. Quote
DANRVAN Posted March 28, 2022 Report Posted March 28, 2022 16 minutes ago, TAXMAN said: Question is can I take remainder of loss on a joint filed 2021 return? You cannot take any excess carryover for the deceased in the year of death, if that is what you are asking. 2 Quote
jklcpa Posted March 28, 2022 Report Posted March 28, 2022 Ah yes, Dan is correct. I missed the word "remainder" in the original question. Sorry about that! Quote
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