- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, a capital loss should lower your tax bill, not increase it. Are you sure it is not your refund amount that went up? What is on Line 7 of your tax return? Preview Form 1040 in TurboTax Online.
Use Forms Mode if you are using the desktop software.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 1, 2025
12:18 PM