Investors & landlords

that's probably not the right number to enter.  for the following year what you want to enter/use is the unused amount of capital losses from the prior year.  if you used TT last year and are in the same account this year, the unused amount should have transferred when you started 2020.

 

if for any reason the carryover isn't in 2020 then you need to compute your net short-term capital loss carryover (the capital loss used in 2019 first reduces short-term carryover then long-term carryover) and your net long-term carryover.  you should be asked about these when your going through the Turbotax questions.  if not 

 

open your TurboTax return, search for capital loss carryover, and then select the Jump to link in the search results.

We'll take you to the screen where you can enter that info from your prior year return.