The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/california-does-differentiate-between-short-and-30627755.aspx

Subject:  Re: CA Short term loss carryover Date:  4/8/2013  10:02 PM
Author:  ptheland Number:  118332 of 121095

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.

--Peter
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us