- 1). Determine if the capital loss carry over is short-term or long-term. It must be the same classification you reported on your taxes originally. A short-term loss is from an asset you held for less than one year. A long-term loss is from an asset you held for more than one year.
- 2). Write the amount of loss carry over on Line 6 of Form 1040 Schedule D for short-term capital losses.
- 3). Write the amount of loss carry over on Line 14 of Form 1040 Schedule D for long term capital losses.
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