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Investors & landlords
I sold a rental property at a capital loss. TurboTax deducted the loss on Form 4797 from other passive incomes = OK, full amount of the loss is deducted this year (not limited) because I sold the property. But TurboTax also added the full amount of the loss to Schedule D increasing my carryforward losses to be deducted in future years. Hence it appears that there is a glitch in the TurboTax software that is deducting my loss twice-the full amount this year and in carryforward for future years. Does TurboTax a customer support where I can report the problem?
‎June 4, 2019
6:41 PM