MarilynG1
Expert Alumni

State tax filing

Check your Federal Carryover Worksheet from 2023 to see if it shows both Long and Short Term Carryover losses. If it does, and the Long Term Carryover amount doesn't show on the 2024 Capital Loss Carryover Worksheet, you could add these amounts together, and enter the total in the your 2024 return.  It's possible this didn't transfer from 2023 to 2024 properly. 

 

If the 2023 Federal Carryover Worksheet doesn't show a Long Term Capital Loss Carryover, you may have used it in 2023. 

 

As @DianeW777 stated, 'However, when there is only one type of capital loss being carried over, it can be used to offset the current year capital gain regardless of it is for a short term or long term capital loss.'  

 

You could do a Manual Update to see if this changes the entry on that screen.

 

@taxslow 

 

 

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