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Financial Planning / Tax Strategies


Subject:  Re: CA Short term loss carryover Date:  4/8/2013  10:02 PM
Author:  ptheland Number:  118332 of 124774

California does differentiate between short and long term capital gains/losses.

To get the correct carryover, you'll need to take a closer look at your 2011 CA tax return. It's not unheard of for the CA carryover to be something other than the total of the Federal ST and LT carryovers.

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