MonikaK1
Expert Alumni

State tax filing

TurboTax is asking for your California carryover amount in case it differs from the Federal carryover amount. 

 

Though, in general, for taxable years beginning on or after January 1, 2015, California law conforms to the Internal Revenue Code (IRC), there are a few continuing differences between California and federal law. When California conforms to federal tax law changes, they do not always adopt all of the changes made at the federal level. For more information, go to ftb.ca.gov and search for conformity.

 

if you used TurboTax for 2022, look for your "California Capital Loss Carryover Worksheet". Line 8 shows the value to carry forward to 2023, You should be able to manually fill this in.

 

You also need to have California added to your return in progress in order for the carryover to populate.

 

See here for another discussion of this issue.

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