2014 Capital Gains Carryover Worksheet. Distributions of net realized short-term capital gains aren't treated as capital gains. Refer to the Capital Loss Carryover Worksheet produced by the program.
I want to complete my tax return, but the IRS web site says that the worksheet is not available for the current year. When to Realize a Capital Loss Sometimes it makes sense to realize a capital loss on purpose so you can use it to offset capital gains and ordinary income in future years. If you have any long-term capital gains or losses, go to Part II below.
When a capital asset is sold, the difference between the basis in the asset and the amount it is sold for is a capital gain or a capital.
But turbo tax software is giving me a refund based on those losses.
If you have any long-term capital gains or losses, go to Part II below. I want to complete my tax return, but the IRS web site says that the worksheet is not available for the current year. Refer to the Capital Loss Carryover Worksheet produced by the program.