Hello,
I am seeing an issue in Capital Loss Carryover that is over 40 days old and others seem to be having it.
I have been using TurboTax online for 9 years!
Last year (2018) I had $8055 of Capital loss. I could only deduct $3000. Thus I should get $5055 as Capital Loss Carryover in to 2019. TurboTax auto imports that info and the website does say I should have $5055:
"2019 Capital Loss Carryover
We hope this $5,055.00 tax breaks gives you a boost."
But then shows $0 in the 2019 column!?! i.e. there is absolutely no reduction in my taxable income.
It seems to be the same problem as several others have posted about. They solved it by either downloading TurboTax to Desktop, or by switching to H&R Block. I really don't want to download to desktop.
Any thoughts?
Do I also have to go to H&R Block?
I would love to continue with TurboTax as I have used them for 9 years!
Thanks for any help...
