In 2006 I had a capital loss carry over of $7000. In 2007 my taxable income was low enough that I had no filing requirement, Is the loss carry over that I can use in 2008 $7000 or $4000? ($4000 being the $7000 minus $3000 being applied against income in 2007 even though I did't need to file) In other words do I use a minimum of $3000 of the capital loss carryover every subsequent year whether I need to or not?
- posted
15 years ago