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Get your taxes done using TurboTax
Update for TurboTax programmers. I got closer to where the error is happening. It is not when the data is transferred from the 2021 taxes to the 2022 taxes. It is the actual data in the 2021 taxes. There is a form called Capital Loss Carryforward worksheet. In this form, Line 1 is negative 2035 instead of negative 2585. If you click on the "goto supporting form..." icon next to Line 1 it will take you to the "1040 or 1040-SR Worksheet" form line 15. This value is zero, so from there I am not sure what calculations it uses to determine the correct amount to transfer to Line 1 of the "1040 or 1040-SR Worksheet" form. I hope this helps.
‎February 6, 2023
10:26 PM
658 Views