Capital Loss Carryover Summary - odd values

taxes4739 · ‎March 17, 2024

I'm having trouble making sense of some of the numbers TurboTax is presenting on the Capital Loss Carryover summary. Here's what I've got:

Capital Loss Carryover from 2022: -10,990 (this number is correct)

Total Gains/Losses Before Carryover: Gain 3,039, Loss -3,273 (These values don't appear anywhere in TurboTax's Investment sections. Where did it get these?)

Capital Loss used in 2023: 3,013 (Also unclear where it gets this; if I switch to Forms, I can't find this on the capital loss carryover worksheets)

Loss Carried Forward to 2024 (Likewise, no idea how they calculated this)

Any ideas? Thanks in advance

RobertB4444 · ‎March 25, 2024

It's generating those numbers from entries for this year. Are you saying that you haven't entered anything into the system yet and it is generating these numbers independently?

@taxes4739

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taxes4739 · ‎March 28, 2024

Of course I entered my numbers. I entered everything. I'm asking specifically how the values above are being calculated - 10,990 is clear, but the remaining values it shows (3,039, 3,273, 3,013) appear nowhere in any of the forms or worksheets (even if I do an "all worksheets" print to pdf). So TurboTax seems to provide no indication of how/where it's actually calculating those 3 values.

Capital Loss Carryover Summary - odd values

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