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t-jon
New Member

How do I add a loss carry forward that exceeds 3k on the do it yourself version of turbotax; lines 16 & 21 of schedule D?

 
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1 Best answer

Accepted Solutions
VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I add a loss carry forward that exceeds 3k on the do it yourself version of turbotax; lines 16 & 21 of schedule D?

If it didn’t transfer over from last year then
Enter a Capital Loss Carryover under

Federal Taxes or Personal (Home & Business)

Wages and Income

Then scroll down to Investment Income

Capital Loss Carryovers - Click Start or Revisit
You enter the full amount that carried over, not just the 3,000

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1 Reply
VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I add a loss carry forward that exceeds 3k on the do it yourself version of turbotax; lines 16 & 21 of schedule D?

If it didn’t transfer over from last year then
Enter a Capital Loss Carryover under

Federal Taxes or Personal (Home & Business)

Wages and Income

Then scroll down to Investment Income

Capital Loss Carryovers - Click Start or Revisit
You enter the full amount that carried over, not just the 3,000

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