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Article #: 10074
Foreign expropriation capital losses cannot be carried back but can be carried forward up to 10 years. Marking the Foreign Expropriation field on screen 8949 indicates this restriction for a current year capital loss.
In View/Print mode, the following items display the foreign expropriation carryover amounts:
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Attachment D
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Wks Carry
Prior-year amounts can be entered on screen LOSS in the Foreign Expropriation Capital Losses section.
See the Schedule D (Form 1120) Instructions for details.