I understand how the $3000 limit per tax year works for long term capital loss, but your software is not allowing my deduction this year.
Prior to 2018 I used TurboTax software, but had a CPA prepare my 2018 return in 2019.
Inherited property in 2009; sold in 2018 for $85,000 (Value = $103,811). Total loss = 18,811. Deducted $3000.
Manually filled out tax forms for 2019 = Deducted $3000.
Have new computer, so able to use TurboTax again: Software gives an error on the "sold" date of 10/03/2018, saying the property had to be sold in 2020.
So cannot file for my $3000 deduction for 2020.
Please HELP me to enter the data properly.
Signed [email address removed]
