Is is possible you're referring to a Capital Loss Carryover? TurboTax does carry that amount forward each year and tracks amount used each year.
When a net operating loss (NOL) is initially entered TurboTax will incorporate that into the current tax return once you have completed the NOL worksheet(s). It will also know if any of the NOL was used on your tax return. What TurboTax will not do is to calculate an NOL.
When this initially occurred, then the NOL worksheet was required to be prepared and depending on the year, you had an option to carryforward or were required to carry it back.
The NOL must still be calculated and entered into TurboTax each year. Use the IRS publication to access the worksheets.
@Disabledby172
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