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Level 2
July 8, 2024
Question

Where do I put in foreign expropriation capital loss carryovers for an 1120 return?

  • July 8, 2024
  • 0 replies
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The usual capital loss carryover fields only provide the prior 5 tax years (which is correct).  Foreign expropriation capital losses can be carried forward 10 years, but I don't seem to have an input for this.  Ideally, if I can find the inputs, the totals would populate to line 6 of schedule D.

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