It almost surely is. Capital loss carryover is initially entered on your Schedule D. If you have no current-year capital gains or losses, your carryover amount will appear on line 7 of Form 1040.
However, if you have current-year capital gains or losses, the carryover will be considered in the Schedule D computation, along with those gains or losses.
When you input your capital loss carryover data into the TurboTax program, it will generate on line 6 of your Schedule D if it's a short-term carryover, or line 14 if it's a long-term carryover.
See the Capital Loss Carryover Worksheet—Lines 6 and 14 in the 2024 Instructions for Schedule D for more information.
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