Alex The Great
Full time employment: Posting here.
Hello everyone, I have a question regarding capital loss. Last year, I did an extensive capital loss harvesting with individual stocks I owned in taxable account at Fidelity. For federal tax report, the amount of capital loss has been imported into TurboTax from Fidelity correctly including the carryover number. But I wonder what number would I enter into California tax report for capital loss carryover? Is it suppose to be the same as in federal report? I've been a California resident for the entire year. A bit confused why TurboTax is asking for this number in State report.
Tried to search including these forums but still no definitive answer.
Tried to search including these forums but still no definitive answer.