your answer stated:
"Look at the previous year Schedule D
Part III line 16 shows your total loss
Line 22 shows the loss you claimed
The difference would be the carry-over
TurboTax also would have a Capital Loss Carryforward Worksheet
included with your tax documents for that previous year reporting the carryforward amount."
However, looking at my Schedule D,
indeed I see Part III line 16, but there is not a "line 22" where the claimed loss should be listed. The last line on that form is line #21. There indeed is a yes/no question only at item # 22.
Perhaps you meant the sum of lines #16 + #21??
That seems to match the numbers that show on my Federal Loss and Expense carryover worksheet for short and long term capitol losses, subtracting $3000 from the total
‎April 4, 2024
12:05 PM
