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How do I find the carryover losses in my 2019 Tax Returns that can be used this year? It was prepared by the pro and this year I decided to do it myself. Thank you.

 
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JohnB5677
Expert Alumni

How do I find the carryover losses in my 2019 Tax Returns that can be used this year? It was prepared by the pro and this year I decided to do it myself. Thank you.

On the income page The 2019 column shows the carryover to 2020 (not your current loss for 2019).  Schedule D doesn't actually show the carryover amount. To find your  Capital Loss Carryover amount  you need to look at your  return schedule D page 2.  Line 16 will be your total loss and line 21 should be a max loss of 3,000.  The difference between line 16 and 21 is the carryover loss for next year.

There is also a Carryover Worksheet showing the carryover from the prior year and the current amounts.  Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.

In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss Carry Over and Carry Forward worksheets.

In the Desktop program you can go to Forms and find it in the list in the left column.

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