neesecm
New Member

Get your taxes done using TurboTax

Thanks for the reply,

When I put in the 10,000 as the corrected cost basis, TurboTax shows a loss of -$7,200 and then adds a "Capital Loss Carryover" of  -$4,200.  This seems strange to me.  I don't understand how this is a loss, which makes me think something isn't right.