GeorgeM777
Expert Alumni

Deductions & credits

You may not be doing anything wrong.  While the remaining short-term loss is not being used to offset the long-term gains, what is happening to that short-term loss?  For example, in TurboTax online, there is the screen Based on the info you entered, we've calculated your capital loss carryover amounts and such screen shows the capital loss carryover amounts from 2020, and the loss carried forward to 2022. Can you tell if the short-term loss at issue is being carried over to 2022?

 

The screen referenced above can be found by selecting Income & Expenses, then scroll down the page and select Capital Loss Carryover.

 

@BrianF1

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