HelenC12
Expert Alumni

Get your taxes done using TurboTax

The TurboTax CD\Download Deluxe version has Schedule D, Capital Gains and Losses.

 

The TurboTax Online Deluxe version doesn't include Schedule D. To enter investments, you'll need the TurboTax Online Premier or self-employed version.

 

Your total capital gains for the year minus your total capital losses result in a net gain or a net loss.

  • You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post