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Level 1
January 26, 2022
Question

How to claim a deduction for capital losses on stocks

  • January 26, 2022
  • 1 reply
  • 6 views

How do I go about claiming a deduction for previous years' capital losses on stocks?

    1 reply

    AmyC
    Level 15
    January 26, 2022

    Prior year losses are carried over on a worksheet. If you did not use Turbo Tax last year, you will need to input the information. See How do I enter my capital loss carryover?

     

    Also, What is a capital loss carryover?

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