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Get your taxes done using TurboTax
To enter this you will need to be on TurboTax Online Premier or Self Employed.
- When you scroll down to Capital Loss Carryover and select Edit
- It should show you information calculated from your 2018 return including the -3,000 used.
- You need to select edit on this page.
- On the next page It should already have your Taxable Income and allowable loss from 2018
- On the line above the allowable loss from 2018 (which should say -3,000 if not enter it)
- Long Term Capital Loss enter (-13,000) This should allow the $3,000 this year and keep you from needing to enter it again next year.
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‎February 19, 2020
7:44 AM