Investors & landlords
Massachusetts (MA) allows the capital loss carryover. Step through the MA return to see if you missed a screen for questions about it, however TurboTax should carry it automatically. It will come through Schedule B.
- New § 2(c)(2) allows taxpayers to carry over excess long-term and short term capital loss deductions from tax year to tax year, without limit, until a taxpayer has used the last of the capital loss deduction.
Review your state return by using the steps below to see the return summary. Also you can print your return before you file.
You have access to all forms when you choose to print your return in TurboTax Online/Mobile. However you are required to pay before printing, but do not have to file until you are ready.
If you are using TurboTax Desktop you can switch to Forms and review all forms and worksheets.
Preview:
From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
- Select Tax Tools
- On the drop-down select Tools
- On the pop-up menu titled “Tools Center”, select View Tax Summary
- On the left sidebar, select Preview my 1040
For TurboTax Desktop, change to 'Forms' and review the forms
