Hal_Al
Level 15

Investors & landlords

Q. Does TurboTax (TT) carryover the losses automatically from year to year?

A.  Yes.  But, as others advised, you need to verify.

 

TT will prepare a capital loss carry forward work sheet for the current year. When that transfers to the next year's return,  it will show on the capital loss carryover work sheet, and go on Schedule D.