TT Shows Carryover of Capital Losses from 2023 to 2024 but None Shown on 2023 Return

[im4xlr8n2]

I was trying to file my taxes using the Free Version of TT since my financial situation no longer required assistance.  My only income is from SSDI.  When I was progressing through the steps and I don't remember the category maybe Investments it would not let me proceed because it shows I have carryover Capital losses of $1,717 from 2023 to 2024.  I do not see that anywhere on the 2023 return and I have looked at 1099s from Charles Schwab from 2023 and 2022 as well as looking on the IRS website.  I really cannot afford to pay for tax help this year as my youngest daughter had a double lung transplant in Nov 2024 and the medical bills have been staggering.  Thank you.  Gregory

[ThomasM125]

You likely have a capital loss carryover worksheet in your program. You may be able to delete it and that would resolve your issue as follows:

1. Choose the Tax Tools option on your left menu bar

2. Choose Tools

3. Choose the Delete a form option under Other Helpful links 

4. Find the Cap Ls Carryover worksheet in the list and delete it

[im4xlr8n2]

Hi ThomasM125,

Thank you so much for taking the time to reply and for the information that you provided.

I will certainly give that a try.

Best regards,

Im4xlr8n2

[gman2025]

There is no Tax Tool nor a tool bar in TT Premium. TT is forcing me to pay for customer service for an error in their system! I did NOT have capital gains losses in 2023. I don't even have crypto! I did NOT sell anything in 2023 and took a loss of 165K. 

[KeshaH]

If you don't see the Tax Tools menu on the left panel, you may be on your Tax Home page. You'll need to click on Review/Edit or Pick up where you left off under any of the tax return topics to completely open your return. From there, you'll see Tax Tools on the left - you may need to scroll because it's toward the bottom.