CiCi1
New Member

Does "Capital Loss Carryover" in Turbotax include "wash sale not allowed"? The 1099 B shows wash sale not allowed of $36,627, but capital lost carryover only show -$295

Two tax forms received from Robinhood.
Form one: wash sale loss disallowed: $36627.61
Form one: net loss: -$2545.53
Form two: wash sale loss disallowed:$6471.56
Form two: net loss:-748.69
Stocks, Mutual Funds, Bonds, Other shown in Turbotax: -3295
Capital loss carryover shown in Turbotax: -295

I understand the maximum loss that I can claim is $3000, so 3295-3000=295, which is carryover to the next year. However, is the 295 all that I can claim next year? Am I able to claim the "disallowed wash sale" total of $36627.61+$6471.56=43099.17 for the next year? Thanks