FangxiaL
Expert Alumni

Investors & landlords

The same loss cannot be deducted over and over again. If it reduced your 2020 income already, it should not be carried over to 2021 because it has been used up. Check to see if the net capital loss in 2020 was $3079, leaving $79 for 2021. If you used TurboTax last year, any unused loss should be carried over automatically. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"