VolvoGirl
Level 15
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Do you have any other income?  Like wages W2?  Where are you seeing the $113?  On your 1099DIV dividends do you have any capital gains listed in box 2a?

 

If you are seeing the $113 on the Income summary page the 2023 column shows the carryover to 2024 (not your current loss for 2023). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.

 

And if you have a negative AGI or negative taxable income it will show up on 1040 BUT it won't reduce the carryover to the next year.

 

You need to look at your actual 1040 return and see how much is on line 7.

 

In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss carry over worksheet. There might be 2. There is a Capital Loss Carryover Worksheet showing the carryover from the prior year and the current amounts. Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.

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