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Investors & landlords
And actually you need to look at your 2022 Schedule D to get the right amount. I can’t tell which amount you should enter into Turbo Tax. It’s also possible you have other amounts on Schedule D that will affect your gain or loss and the carryover amount. Like if you have any capital gains on a 1099DIV.
To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.
August 4, 2024
1:47 PM