Patrick Michael Posted March 16 Report Share Posted March 16 New client found a 1099B with a $8,000 LT Capital Loss for 2021. He already has a ~900K capital loss carryforward (unsuccessful day trader) so the loss will not effect his tax liability. He also wants to add an additional expense to his 2021 Home Office Deduction carryforward , again no effect on 2021 tax liability . Is it necessary to file an amended return to add these amounts or can I can just add these amounts to his 2022 carryforwards? Does the IRS track the carryforward numbers from year to year? Quote Link to comment Share on other sites More sharing options...
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.