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Investors & landlords
If I'm understanding your comment correctly, TurboTax is doing it correctly. The losses are NOT limited to $3000 per year. The losses offset ALL of the gains, PLUS you can use an 'extra' $3000.
Does Line 13 of your Form 1040 show negative 3000? If so, it seems correct to me.
While I do agree that TurboTax has some 'bugs' and errors, you need to be careful about overriding because it is USUALLY correct, and your understanding of things could be wrong.
Does Line 13 of your Form 1040 show negative 3000? If so, it seems correct to me.
While I do agree that TurboTax has some 'bugs' and errors, you need to be careful about overriding because it is USUALLY correct, and your understanding of things could be wrong.
May 31, 2019
7:02 PM
2,344 Views