How far can you go back re: a loss?

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  • Mr. Pat
    Junior Member
    • Dec 2006
    • 11
    #1

    How far can you go back re: a loss?

    I just realized that I had a loss of approx. $3,000 on sale of stock in 2001, but didn't incorporated that into my taxes on the 2001 return (nobodies fault but my own)!

    Will I be able to 'carry over' this loss to 2007?

    THNX
    Tags: None
    • AZ-Tax
      Senior Member
      • Feb 2008
      • 2604
      #2
      3 yrs

      3 yrs and if I am wrong, I will be corrected. By the way, all Professional Tax Preparers know the answer to this question, your not a Professional Tax Preparer are you?

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        • Y2KEA
          Senior Member
          • Nov 2005
          • 344
          #3
          Since 2001 is a closed year, assuming a timely filed return, you would get no refund.

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