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Capital loss carryover not offsetting my capital gain. Not show in the Schedule D
Why my 2023 loss carryover not show in the 2024 schedule D and not offsetting 2024 gains. I have input manually the carryover losses info from 2023 tax return as per TT instruction. Pls advise how to manual change the loss carryforward for year 2024 and the balance amount to 2025.
Info input from 2023 tax return from different tax software. I don't have any income for I have a big loss when I sold my business.
Edit
Net short-term capital gain/loss
-$2,534.00
Net long-term capital gain/loss
$787.00
Allowable loss
-$1,747.00
Income before exemptions
$0.00
Net AMT short-term capital gain/loss
-$2,534.00
Net AMT long-term capital gain/loss
$787.00
AMT allowable loss
-$1,747.00
AMT taxable income
$0.00
March 20, 2025
2:26 AM