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Get your taxes done using TurboTax
Hi,
I have the same question. I have $ xxxx capital loss carried over from 2020. My 2021 Turbo Tax Premier shows this carryover amount correctly in Capital Loss Carryover Summary page, but I cannot find where this carryover capital loss is applied to my 2021 Fed tax return. I have checked form 1040 line 7 and schedule D but I do not see this carryover capital loss applied anywhere. It looks like the software does not include this carryover capital loss at all, unless there are some tax rules prohibited it to be applied.
Can you help?
March 21, 2022
9:55 AM