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February 11, 2023
Question

Applying my 2022 "Net Capital Loss Available for Carryback" to my 2021 return, which had a larger capital gain, made no difference to my 2022 tax refund.

  • February 11, 2023
  • 1 reply
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    1 reply

    TurboTaxSusan
    February 16, 2023

    Your loss in 2022 would have been applied to your tax return already, if it was usable. The amount that you carried back was whatever was left over.