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If you had a carryover loss of $36,771 from 2023 and you have current gains of 14,249 you should have a net loss of $22,522 for 2024.   Minus 3,000 max you can take should give you a 18,522 carryover loss to 2025.  Or you might have had other current gains or losses for 2024.  Gains can come from other places like 1099 Div and K-1.

 

Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.

 

In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss carry over worksheet. There might be 2. There is a Capital Loss Carryover Worksheet showing the carryover from the prior year and the current amounts. Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.

 

But if you have a negative AGI or negative taxable income it will show up on 1040 BUT it won't reduce the carryover to the next year.

 

 

 

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