DaveF1006
Expert Alumni

Deductions & credits

This cannot be done. In TurboTax, the software automatically applies the maximum allowable capital loss deduction, which can sometimes affect other credits like your Child Tax Credit. Unfortunately, TurboTax doesn't allow you to manually adjust the amount of capital loss used in a given year, as it's determined by tax laws.  

 

@torobert222 

 

 

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