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New Member
posted Mar 21, 2022 10:18:37 AM

I need to find the "allowable loss" on my 2020 tax return. Turbo Tax says line its on schedule D but I can't see it. Can you help me locate it?

(I checked my IRS transcript on line.)

0 5 813
5 Replies
New Member
Mar 22, 2022 9:20:42 AM

I would like to file my 2020 tax return. Please help.

Thanks. 

Email:[email address removed]

Intuit Alumni
Mar 22, 2022 9:37:28 AM

To prepare a prior year return, please follow the instructions here. @rbakirci

Intuit Alumni
Mar 22, 2022 9:38:45 AM

If you are unable to locate it on your return, please follow the instructions here to contact us by phone, as we we are unable to view the return here in this public forum. @blackpot123

Level 1
Mar 2, 2024 4:34:45 PM

I too am looking for where "allowable loss" is on my 2022 tax transcript

Expert Alumni
Mar 5, 2024 4:26:19 PM

Your allowed loss is line 21 of Sch D. Capital loss is  limited to $3,000 per year and you will carryover the rest. See:

@trempe22