You have to report the carryover every year until it's used up. You can't skip a year. Even if you don't report it on your return you have to reduce it by the 3,000 (1,500 MFS) when you carry it over to next year. You can't choose when to use it. You may want to amend your 2023 return.
Enter a Capital Loss Carryover under
Federal Taxes or Personal (Home & Business)
Wages and Income
Then scroll down to Investment Income
Capital Loss Carryovers - Click the Start or Update button
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 enter the full amount that carried over, not just the 3,000
This answer has been verified for accuracy by an Intuit expert employee
