Investors & landlords

Hi All,

After TurboTax updated, it re-calculated the capital loss carryforward in Capital Loss Carryforward Worksheet as shown below

I don't understand why it entered -469 instead of 0 (zero) in line 1; my taxable income is 0 (zero) in line 15 of the form 1040.  Therefore, 2531 is the result of combining lines 1 & 2 (see lines 3 & 4).  That's the capital losses used in 2024, see the report following

I think TurboTax applied -469 instead of 0 (zero) in this case because $2531 is the best capital loss deduction for $0 taxable income; the refund is not changed if $3000 is applied.  Please, help me to understand this case.

Thanks,

Vinny