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Old 03-29-2011, 02:00 AM
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Capital Loss carryover in an individual multi-state return

How do you enter capital loss carryover in an individual multi-state return?

There are no transactions for the year 2010, so no capital gains or losses either. The capital loss from last year [2009] is when TP resided in CA. In Nov 2010, TP moved to NM. How do you treat the carryover loss in CA and NM income tax returns?

Thanks.



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