Deductions & credits

GeorgeM777,

 

Thank you for your follow up response.

It seems your comments are "partially" correct... As I mentioned in my previous posts, the information being asked in the 2021 Turbotax Step by Step screen relates to data/figures from my 2020 Tax Forms (Federal & CA.)

 

So, the 2020 data from my 2020 1040 Tax Return, Schedule D and my 2020 CA Form 540, Schedule D is as follows:

2020 FEDERAL: Net Long Term Loss: -8206, Allowable Loss: -3000

2020 CA Form 540, Schedule D: 2020 Net Long Term Loss: -8206, Allowable Loss: -3000 - which implies that My 2020 California Capital Loss Carryover to 2021 is 5206

 

$5206 is the figure needed in the attached 2021 Turbotax Premier Step Step Questionnaire shown below:

 

2021 Turbotax Premier Step By Step Questionnaire.PNG

 

In other words, $5206 is the California Capital Loss Carryover to 2021 and NOT to Tax year 2022 as you stated in your last post.