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Get your taxes done using TurboTax
@ColeenD3 gave you excellent advice, and yes the Capital Loss Carryforward can reduce your 2020 taxes.
You will be able to download the software for free if you originally purchased the TurboTax software. You will be able to use the amend process and select back to 2017 to prepare your returns.
You will receive a downloaded copy of the desktop version of TurboTax. Here is how to amend your 2019 tax return.
Some quick ground rules:
- Be sure the original return was filed and accepted.
- DO NOT go back into the return or change anything before you start the amendment process.
- Gather everything you need before you start.
- Before you start be sure to save a copy of the original return in a safe place.
- Complete the entire amendment process before you log out.
- Save the amended return under a different name.
You can correct a return that you've already filed and had accepted. Select the year that applies and use this guide to proceed.
Select your tax year for amending instructions:
For additional information please refer to How to Amend
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March 8, 2021
1:21 PM