Where do I find to enter last year (2024) "carry loss forward to 2025" I didn't use Turbo tax last year. I can't find it anywhere to add it.

[beyobe]

Thank you!!!

[mesquitebean]

@beyobe 

You didn't say what kind of loss.  Are you referring to capital loss carryover from 2024 from sales of stocks, bonds, mutual funds, etc.?  If so, see this:

• With your return open, go to left menu column and choose TAX TOOLS, then TOOLS.
• In the Tools window choose the blue button TOPIC SEARCH.
• In the topic search line enter the phrase capital loss carryover without quotes.
• Make the selection in the results, and either double-click on it, or click GO.
• Next screen:  "Do you have investment losses you couldn't claim last year?"  Also watch the video you are presented there.
• TIP:  You'll need to have your 2024 tax return present to answer the questions.

[KrisD15]

Additionally, if you are asking where to find it on your 2024 return, look at the  Schedule D which was included with your Tax Year 2024 return. 

If Line 16 shows a loss, look at line 21.

Line 16 on the 2024 Schedule D shows the loss you had for 2024 and line 21 shows how much of that loss you took for 2024. The difference is what you can carry-over. 

EXAMPLE if you had a 18,000 loss on line 16 and line 21 reported 3,000, your carry-over is 15,000. You had a 18,000 loss, claimed 3,000 for 2024 and carried over 15,000 to 2025. 

@beyobe

[beyobe]

Thank you for your help!!!!

[beyobe]

Thank you for your help!!!!