Tax loss harvesting is an investment strategy for minimizing your losses - https://www.investopedia.com/articles/taxes/08/tax-loss-harvesting.asp
That is not something a do-it-yourself tax preparation program would provide.
You will receive a Form 1099-B for your investment sales in 2020. The Form 1099-B tax data is entered on your tax return. TurboTax will calculate your investment losses or gains based on the tax data provided by you.
To enter an investment sale from a brokerage account (1099-B), follow the steps below.
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Under Investment Income
- On Stocks, Mutual Funds, Bonds, Other, click the start or update button
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
