Q. So back to my question: how can I fix this to get back my carryover?
A. You manually calculate the remaining carry over to 2022.
In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in Home & Business)
- Wages & Income
Scroll down to:
-Investment Income
-Capital Loss carryover
What TT calculated will be prepopulated in the carry over box. You are allowed to change it.
Repeating what others have said: It's not just a matter of deducting $3000 each year. You must offset any capital gains in the intervening years (long term and short term) including any capital gains distributions shown in box 2a of your 1099-DIVs
