az1900
Returning Member

Get your taxes done using TurboTax

In the "Capital Loss Carryover Summary" screen

it shows

Capital Loss Carryover from 2020 -$bigNumber

total gains/loss before carryover $gain -$loss

Net gains $amount (=$gain-$loss)

Capital loss used in 2021 $bigNumber

 

Where is $bigNumber actually used to reduce income? I don't see $bigNumber used anywhere to reduce income. Where would I see this number used?