Vanessa A
Employee Tax Expert

Deductions & credits

Yes.  After you enter all of your trades, your losses that you cannot claim this year will be added to your carry over losses minus the $3,000 that will be used this year to offset your other income.  Then next year, if you are using the same account (or TurboTax Desktop) your losses will be carried over by TurboTax to your next years return. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"