PatriciaV
Expert Alumni

Deductions & credits

Yes, enter the actual activity that occurred during the tax year, even if you had more than $3,000 in losses. TurboTax will calculate the allowable loss and provide a "Carryover" loss to be included on future tax returns until all the loss is used up.

Gains and losses on investment in Foreign Exchange contracts are reported as Other Reportable Income.

The easiest way to find this section of TurboTax is to use the Search box at the top right side of the TurboTax header. Click on the magnifying glass, type in "other reportable income", hit Enter, and click on "jump to other reportable income" to go directly to beginning of this topic.

See the discussion below (note: there is no upload option for these trades, they must be entered manually):

https://ttlc.intuit.com/replies/4260903

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post