rjs
Level 15
Level 15

Get your taxes done using TurboTax

There is no way to offset the 2024 capital loss against the 2023 capital gain. It's not a question of TurboTax handling it. The tax law does not allow it.


You didn't say what the gain and loss come from. If you have any flexibility in making the transactions, you could try to either take the loss in 2023 or delay at least part of the gain to 2024.