Njfiler18
Returning Member

Bug in capital loss carryover?

TurboTax 2019 transferred my data from 2018. For the capital loss carryover calculation, instead of taking line 10 from 2018 form 1040 to use as last year's taxable income, it picked up the sum of line 9 (qualified business income deduction) and line 10. The instructions on the screen clearly state that taxable income should only come from line 10, as do the instructions for the capital loss carryover worksheet currently posted on the IRS website. Since several other posts have previously reported the same problem, why hasn't TurboTax already responded and fixed this bug???