rjs
Level 15
Level 15

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.