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Summary of Putnam funds with capital loss carry forward as of September 30, 2014, Capital losses as % of net assets Approximate capital loss in KM Fund name Fiscal year-end 100% 200% ($1,261.13) International
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Capital loss carryforward is the practice of using capital losses from one year to offset capital gains in future years.
Individuals or businesses who have incurred capital losses and want to use them to offset capital gains in future years are required to file capital loss carryforward.
To fill out capital loss carryforward, individuals or businesses need to report their capital losses from previous years and indicate the amount they want to carry forward to offset future capital gains.
The purpose of capital loss carryforward is to allow individuals or businesses to offset capital gains in future years, thereby reducing their tax liability.
The information that must be reported on capital loss carryforward includes the amount of capital losses from previous years, the amount being carried forward, and any relevant notes or explanations.
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