@lewallenrichcard wrote:
thank you, it only allows me to enter 2023. How do I enter in years prior to 2023?
I'm a fellow user, not a tax expert, but in the interest of time I want to ask for more information. Then hopefully tax expert @DavidD66 can tell you what you need to do after you explain some more about what happened in those years between 2014 and 2023.
There aren't entries for separate years for capital loss carryover in the current tax year product because it should be re-figured every year and the capital loss carryover should be a "running total" (so to speak) from year to year. In some years some (or all) of the capital loss carryover might be used up, while in other years there may be additional capital losses added to the total. For instance 2014 capital loss carryover would normally be reported on a 2015 return, where it would be re-figured based on how much of it could be used up (or added to.) Then the 2015 capital loss carryover would be reported on a 2016 return, where it would again be re-figured after any of it had been used or added to. And then so on for each tax year. Please explain in general terms what all happened in regard to capital loss carryover over those years between 2014 and 2023. Did the carryover loss amounts go unreported each of those years? i.e., was your capital loss carryover not reported contemporaneously in each of those years and re-figured each year? If so, this may get complicated and above my paygrade of "fellow user." But hopefully @DavidD66 or one of the other forum tax experts will further assist you.
