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Level 1
December 6, 2019
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Can we amend a closed tax year like 2012 do include the capital loss from 2011

  • December 6, 2019
  • 1 reply
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Best answer by mojocpa

I believe you can, but the SOL for refunds comes in effect. It would help reduce a tax liability. 

1 reply

mojocpaAnswer
Level 6
December 6, 2019

I believe you can, but the SOL for refunds comes in effect. It would help reduce a tax liability. 

George4Tacks
Level 15
December 6, 2019
What if the thought is to amend 2012 to increase the carryover for a missed carryover from 2011? Just checking the fog in my crystal ball.
Answers are easy. Questions are hard!