Hi HelenC12. Unfortunately, I do not believe your response answers my question. I've checked both Schedule D and Form 8949 and the results show I have a capital loss. In my case my loss on the sale of the second home is $46,000 so TurboTax treats that that total amount as a capital loss where $3,000 is applied in tax year 2020 and the remainder is carried over. But I have read in many online postings that you cannot take a loss on the sale of a home. In this case this is a second home, not my primary residence, where I never rented it or used it for any business purpose. The only way I can see to avoid the capital loss is to adjust Form 8949 so that the cost basis amount for the second home matches the sale price listed on my Form 1099S. I know the cost basis exceeds the sale price on the home so I think TurboTax should be able to account for this rather than me gaming the numbers. Please advise on what I should do? Thank you. Ron
