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Capital loss carryover

A Capital loss that is not Deductible in the current year because it exceeds the annual Capital loss ceiling, but may be Deductible in future years. In general, only $3000 in Capital losses can be claimed in any one year, but the excess loss can be carried over indefinitely. also called Loss carryover.

Related Terms: 10 Capital, Capital loss, Call, Cap, Car, Claim, Deductible, FIN, Loss carryover, Rent
Other Related Pages: Category: Taxes Starting With: C
Semi Related Terms: 323 CLICK HERE TO VIEW
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