Investors & landlords

Yes, you can carryover unused capital losses from year to year.   

• However, if the loss was less than $3,000 in 2022 you may have already used it.
• Each year you can use capital losses to offset capital gains and then take an additional $ as a reduction of income $3,000.

If you've confirmed that you didn't completely use the loss. 

• TurboTax will carry the loss over for you.
• If you didn't use TurboTax in 2022, or you're convinced it didn't carry over, you can post it manually.

Log into TurboTax

1. On the main menu on the left side of your screen
2. Select Tax Tolls, 
3. And then Tolls
4. A pop up will appear
5. Choose the box Topic Search
6. Type Capital Loss
7. It will bring you to that area.
8. Enter your carryforward losses.