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Get your taxes done using TurboTax
Line 7 of the 1040-SR will show the allocated portion of the loss carryforward.
To post a capital loss carryforward:
Select Tax Tools
- You may have to minimize both the Federal and State options by clicking the Down Arrows on the Sidebar.
- You will then clearly see Tax Tools
- Click the arrow to up to see additional options
- Once you can work on Tax Tools
- On the drop-down select Tools
- There will be 3 or 4 green boxes
- Select Topics Search
- Type capital loss carryforward
- Continue through the questions.
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March 27, 2025
12:34 PM