Solved: AR ST capital loss carry forward and impact caused by death of one spouse

MG2 · ‎02-24-2020

AR capital loss carryforward and death of spouse. Couple had been MFJ on federal, status 4 on AR. What happens to deceased 's share of capital loss carry forward at death?

sjrcpa · ‎02-24-2020

Correct, but OP didn't mention that.

Ex-AllStar

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sjrcpa · ‎02-24-2020

It dies with him.

Ex-AllStar

Terry53029 · ‎02-24-2020

I believe if the assets were jointly owned the surviving spouse will continue their half of the carryover loss

sjrcpa · ‎02-24-2020

Correct, but OP didn't mention that.

Ex-AllStar

AR ST capital loss carry forward and impact caused by death of one spouse

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