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Get your taxes done using TurboTax
Where exactly do you see "total capital losses" in TurboTax? What are you looking at?
"Total capital losses" would include other things besides long-term losses. Do you have any long-term or short-term capital gains? Do you have any capital gain distributions in box 2a on a 1099-DIV? Any of those would offset some of the long-term losses.
You should look at the actual tax forms, not a summary screen in TurboTax. Look at Schedule D to see a summary of all of your capital gains and losses.
March 16, 2025
5:56 PM