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E
epadajar
April 23, 2025
Question

previous years' losses

  • April 23, 2025
  • 1 reply
  • 0 views

I sold a small business Class A shares last 2022 for $1. The original price was $7500. How can I claim this loss this 2024 filing?

    1 reply

    TurboTaxSusan
    TurboTaxSusan
    April 24, 2025

    If you made this sale in 2022, then you would have to enter it on your 2022 return. This TurboTax FAQ tells you how you can do that using ReFile: I've filed my tax return. Can I still make changes?

     

    Then you can carry forward any unused loss to 2024.

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