Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Jan 11, 2024 8:25:17 AM

I had an LP capital gain. I also have carryforward losses. I entered the gain and the losses did not show up to offset the gain. Is the program not finished yet?

0 1 165
1 Replies
Level 15
Jan 11, 2024 9:05:33 AM

if entered on line 8 of k-1 (ST) the gain should appear on line 5 of schedule D. if line 9a  (LT) then the gain should show up on line 12 of schedule D. 

 

carryforward losses come from  the carryover worksheet lines 12a,b and 13a,b