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Capital Losses upon Death

Level 1

I have a client that is filing as single in 2023 and she passed away in 2023.   She has stock losses of $3,700 and I would like to take the entire loss instead of just $3,000.   Does anyone know how to enter this in ProSeries?   Thank you in advance

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4 Comments 4
Level 8

you can't 

Level 15

She took the extra losses with her to that big 1040 in the sky.

Slava Ukraini!
Level 12

Can you tell us the IRC section or regulation that says that you can?

(ps You can't)

** I'm still a champion... of the world! Even without The Lounge.
Level 15

I had a client who died with a $200K capital loss carryover.  I was sorry for her loss.