Capital Loss Carry-over Question
Does anyone know how to carry over a capital loss from the previous year? I've been looking through the 1040 instructions and it only mentions how to apply it using schedule D, which would be filled out for capital gains/losses for the current year. I have no gains or losses for the current year, so how can I record the carry over? Just write it on form 1040 with no schedule D attached? Thanks for your help.
Seems to me that the corporation's race to the top is resulting in a race to the bottom for the employee's quality of life. FIRE can't come soon enough.