Get your taxes done using TurboTax

DianeW777 · ‎February 25, 2025

It depends. You may have also had some gains, on your Charles Schwab yearly activity. The capital loss is calculated on your tax return and is not necessarily going to be what you see on your statement from Charles Schwab.

When your entries are completed you can review your tax return (look at Schedule D, capital loss carryover worksheet and Form 8949).

From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
Select Tax Tools
On the drop-down select Tools
On the pop-up menu titled “Tools Center”, select View Tax Summary
On the left sidebar, select Preview my 1040

For TurboTax Desktop, change to 'Forms' and review the forms

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