Trading loss carry back or forward

Discussion in 'Taxes and Accounting' started by PBX, Mar 3, 2022.

  1. Q.E.D.

    Q.E.D.

    Yes, since they changed how futures were taxed, it was only 3 years, but there was a special provision, again I think due to Covid, that permits I think 7-year carry-back. However, I'm not sure if it was futures carry-back, or maybe just NOL, as I'm a trader in stocks & stk options, but not futures. Maybe it was just "regular" business NOL that was able to go back 7 years.
     
    #11     Mar 4, 2022
  2. PBX

    PBX

    Could you please forward me your accountant's information who helps you with the carry-back? Thank you so much.
     
    #12     Mar 4, 2022