Line 15 Form 1040 Taxable Income. Form 1040 changes from the prior year. Here is how to enter Capital loss Carryover:
If you transferred last year's TurboTax return over, you don't have to do a thing—we've already entered it for you.
Otherwise, follow these instructions:
- Sign in to your TurboTax account and open your return by selecting Continue or Pick up where you left off in the progress tracker
- In the search bar, search for capital loss carryover, and then select the Jump to link in the search results
- Select Yes on the screen Did you have investment losses you couldn't claim in 2021?
- Enter the info about your capital loss on the following screens
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