1336430
You'll need to sign in or create an account to connect with an expert.
Are you referring to a capital loss carryover on Schedule D? Routinely only $3,000 of such a loss can be offset against the current year’s income. To access this information, follow these steps.
See also this TurboTax Best answer.
Please stick to one post.
Any business losses on Schedule C would have been reported many years ago, with no carryover.
Your comment about a $3000 loss implies a capital loss, but that is NOT a loss from a business.
As I said in your other post, you need to provide details about EXACTLY what this loss was from, as your questions don't make sense.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jack
New Member
TaxpayerNoDoubt
Level 1
anth_edwards
New Member
breanabooker15
New Member
stevenp1113
New Member