Do you want to stay logged in?

Message Board

Decedent's capital loss carryover

November 04, 2016 • Stephen Groom • Log In to Post Comments

when a married taxpayer dies do his one-half of community property capital loss carryforwards disappear? I know that for federal pueposes, unused capital losses can be applied to the final joint return, but excess losses expire and cannot be carried over by the surviving spouse, but i don't know fi there is a difference under CA law for community property.


Thank you


CA conforms to federal law on this.


Send To A Friend