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Get your taxes done using TurboTax
Thank you for this most excellent post JohnW152.
After reading your post, I feel more comfortable with my response(s) regarding 2020 Capital Loss Carryovers from 2020 (both Federal and CA).
There was another user, GeorgeM777, who provided a very useful response as well. However, I believe he made a slight error when he indicated the amount to be used as a Carryover because he said 2022 instead of 2021.
I tried following up with him but he eventually stopped responding.
FYI, I posted my inquiry as "2020 Federal Tax / 2020 Capital Loss Carryover & California Capital Loss Carryover" under the Deductions & Credit Topic of the Turbotax Community - Should have probably posted it under Income instead?
Anyway, would it be possible for you to take a look at my post(s) and the Expert member reponse(s) to see if I'm on the right track?
Thank you