Skip to main content
June 1, 2019
Solved

Capital losses NJ tax return

  • June 1, 2019
  • 1 reply
  • 0 views
I do not see capital losses from sales of securities populating on my NJ State return. Is there a way to add them or to check if the loss is used for final tax calc?
Best answer by fanfare

As an NJ Resident you should know that NJ does not allow a deduction for net capital losses (losses exceed gains).

1 reply

fanfare
fanfareAnswer
June 1, 2019

As an NJ Resident you should know that NJ does not allow a deduction for net capital losses (losses exceed gains).