Thank you for the response. My question is actually about how Turbo tax treats the carryover from my "Investment Interest Expense Deduction" Form 4952 from last year and this year and not about capital investment loss carry over. I expected Turbo tax to apply my standard deduction, which is higher than my interest income this year (and which is my only source of income) so that the standard deduction would be applied first instead of impacting my Investment Interest Expense carryover first.
Would your answer change or remain the same? Many thanks!
