Capital Gains & Losses

Capital loss carryover - married filing separate filing status

Answer:

The capital loss carryover from your previous year's married filing joint return may only be claimed on the married filing separate return of the spouse who originally incurred the loss.
You cannot use 50% of the loss if it originated from your spouse's sale of a asset.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Capital Gains & Losses Questions

View More Questions