Investors & landlords

TurboTax will include the capital loss on your 2020 income tax return as carried forward from your 2019 income tax return. 

I recommend reviewing your capital loss carryforwards to ensure it is being picked up in the 2020 income tax return preparation as follows:

You will enter the information in the federal interview section. 

1. Select Income & Expenses 
2. Scroll down through all income until you see Investment income 
3. Select Capital Loss Carryover
4. You can select Edit on the following screen to adjust the amounts from your capital losses from your 2019 tax return.