GeorgeM777
Expert Alumni

Deductions & credits

Yes, change the carryover loss to an amount you believe is the correct amount.  No, TurboTax should not identify your change to the carryover loss and mark it as an error that needs to be fixed.  The edit button on the relevant screen allows taxpayers to make adjustments.   It is not uncommon to find taxpayers making adjustments to carryover losses when prior year returns need to be amended.  

 

@Owl5

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