Field help: I request for <%0100301%> to waive a loss carryback according to sect. 10d of the Income Tax Act (EStG) into the year 2023.

You can request that a loss carryback from 2024 to 2023 is not applied automatically.

If you incur a loss from a private sale transaction, you can offset this loss against profits from other sale transactions in full. However, losses cannot be offset against positive income from other types of income in the same year.

However, loss carryback is an option:

(1) If you have incurred a loss from sale transactions, the tax office will automatically carry back this loss in full to the previous year. However, this only applies if speculative gains were also made in the previous year. If this is not the case, the tax office will issue a loss assessment notice.

(2) If you do not wish the automatic loss carryback to be applied, you can reject the loss carryback. Limitation as in previous years is no longer possible from 2022 onwards.