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- Can capital loss of a NR alien be carried over later when he becomes a resident alien?
Can capital loss of a NR alien be carried over later when he becomes a resident alien?
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libx
Level 1
04-04-2022
09:08 PM
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When I was a NR alien and reporting capital gain/loss, form 1040-NR didn't have a schedule D. For me in 2019 and 2020 there were capital loss presented in 1099, however 1040-NR only took the gains (loss are reported as 0 gain) in schedule NEC.
Now I am a resident alien and i have a substantial capital gain this year. I want to check if my loss in previous year can be used to deduct the gain i have this year.
