Deductions & credits

Thanks for the info. I am entering the depreciation for the home office where it asks about the sale of the home. I'm getting the depreciation amount from form 8829 (I've been using TT since starting a home office so it's all there). Form 8949 shows the sale and depreciation with a gain of approx. $50,000 ($46,026) for the home office depreciation. It shows an adjusted amount of -$258,524 which is the amount that is exempt from gains. Line 9 of schedule D is blank, line 10 shows the sale of the house, basis, adjustments, and depreciation. I do show a Capital loss carryover (line 14) of -$81,047 and a net long term loss of -$35,017 (line 15). Is this what is cancelling out the gain? Thank you for your repsonse!