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mingsun
New Member

Can I use carry over loss $3000.00 for 2017 tax return?

Can I use carry over loss $3000.00 if I have some capital gains and losses in 2017?

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1 Reply
JulieCo
New Member

Can I use carry over loss $3000.00 for 2017 tax return?

Yes, if you have a net operating loss carryover from 2016, you will want to report it on your 2017 return.  You can enter the carryforward via the following steps.  

To enter the net operating loss from 2016, take the following steps in TurboTax:

  1. From within your federal return, type "nol carryforward" in the search field at the righthand top of the screen.  
  2. Select "Jump To nol carryforward" and you will be brought to this section of TurboTax to enter your information.  (See sample screenshot below.)
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