Thank you -- this is helpful, but I still have another problem happening now. I revisited the capital loss info imported from my 2018 return and realized that I had to add the minus (-) symbol to the 2018 capital loss. I did so and now it does show the remaining entire correct capital loss amount to be carried over to future years. However, it is showing w-a-a-a-y more than $3000 to be applied to 2019 and a very small amount being left to be applied to 2021. I know that $3000 is the limit, so why is it applying way over the limit to 2019 the 2019 return? I was hoping to use a significant amount of the remainder of the capital loss for 2021. TT is not allowing me to edit the incorrect amount that it is trying to apply to 2019.
Of note:
- A CPA did my 2018 return, and I imported the PDF of the 2018 return into Turbotax and it extracted the 2018 capital loss info. I am familiar with the 2018 Schedule D and it is correct, as you say. I do already know the exact amounts that should be carried over to each year.
- Also, I am using TT online, not desktop
- If I would have no Federal tax liability for 2019, even prior to applying the 2018 capital loss carryover, could that have anything to do with the $3000+++ capital loss carryover that TT is applying for 2019? I think something is wrong here.
Thank you again for your assistance.
