I mistakenly did not take credit for these losses in 2011 tax return.
2010 losses exceeded $3000. Can I continue to carry over the remainder for 2012. 2012 Schedule D Capitol Loss Carryover worksheet is asking for 2011 carryover amount (which is $0). Thanks.
Maybe. You have to file an amended return for 2011 and apply the carryforward there. If you still have unused losses, you can carry them to 2012. You cannot skip 2011 and go straight to 2012.
Ira Smilovitz
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