TAXMAN Posted March 28, 2022 Report Share 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 Link to comment Share on other sites More sharing options...
jklcpa Posted March 28, 2022 Report Share 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 Link to comment Share on other sites More sharing options...
DANRVAN Posted March 28, 2022 Report Share 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 Link to comment Share on other sites More sharing options...
jklcpa Posted March 28, 2022 Report Share Posted March 28, 2022 Ah yes, Dan is correct. I missed the word "remainder" in the original question. Sorry about that! Quote Link to comment Share on other sites More sharing options...
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