ToddL99
Expert Alumni

Investors & landlords

If you had unused capital losses in 2019, you can carry them over to subsequent tax years to offset capital gains (or, with limitations, ordinary income).

 

See What is a capital loss carryover? for an explanation of the capital loss carry-over process and links on how to enter them in your return. If you used TurboTax in 2019, unused losses would automatically carryover to your 2020 return.