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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.)
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5 Replies
rbakirci
New Member

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

Thanks. 

Email:[email address removed]

CarissaM
Intuit Alumni

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?

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

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CarissaM
Intuit Alumni

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?

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

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

AmyC
Expert Alumni

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?

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 

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