Enter the $5,593 as a carryover loss on the 2023 tax return. The TurboTax program will apply your losses accordingly based on any capital gains on the 2023 return and if none the apply $3,000 as a loss on the return and carryover the remaining loss to the 2024 return.
For a capital loss carryover -
Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Under Investment Income
On Capital Loss Carryover, click the start or update button
Or enter capital loss carryover in the Search box located in the upper right of the program screen. Click on Jump to capital loss carryover
