I had a substantial loss on stocks, $9,000.00, last year (2019). The allowable $3,000.00 ($2,999.00) loss was taken by Turbo tax on my taxes this year. When taxes are completed in 2021 for the year 2020, will $2,999.00 from the stock loss in 2019, Capital Carry Over Loss, be automatically be calculated and entered by Turbo Tax when taxes are completed in 2021?
Is this loss entered automatically by Turbo Tax or does a $2,999.00 carry over loss need to be entered by me in 2021?
