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Category: Tax
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Experience:  CPA with tax experience.
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When carrying over a long-term capital loss on schedule D,

Resolved Question:

When carrying over a long-term capital loss on schedule D, do I enter the carry over amount on line 14 or do I have to fill in line 8 the same as the previous year showing the description of the property?
Submitted: 6 years ago.
Category: Tax
Expert:  JKCPA replied 6 years ago.



Thanks for your question.


You would just enter the carryover amount on line 14. You would not put anything in line 8 for the carryover. The description is not needed.


Hope this helps,

Best regards,


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