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State tax filing
You need to enter the carryforward loss in the federal section of TurboTax. I the case of a capital loss carryover, you need to use these menu tabs in TurboTax:
- Income and expenses
- Investment Income
- Capital Loss Carryover
If you are referring to a passive rental loss carryover, you will find this screen in TurboTax that says Do any of These Situations Apply to this Property?, where you can indicate that you have a passive loss carryover and you will then be asked to enter the amount:
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March 29, 2021
2:15 PM
1,388 Views