DianeW777
Expert Alumni

Get your taxes done using TurboTax

Yes, your Capital Loss Carryforward worksheet will have the amount you need to enter for both long and short term.

 

Yes, your loss carryforward of $2,361 should be used on Schedule D and then carried to Form 1040, Line 7.  If you are unable to use the loss in 2020 it can be carried forward again (not enough income to utilize the loss). 

 

The instructions may be helpful to review your carryforward. Instructions for Schedule D

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