turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Capital gains TY2019 Error for summation with offsetting Cap Loss carryfwd

TT Premier incorrectly pulls gross cap gains into income even though the worksheet shows the capital loss carry forward correctly. This is an error in Turbo Tax premier and needs fixing. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Capital gains TY2019 Error for summation with offsetting Cap Loss carryfwd

can you be more specific?

 

do you have a long term loss carry forward or a short term loss carry forward or both?

 

and is the gain short term or the gain long term

 

can you please provide a number for each bolded item?

 

if you have a short term gain, you can't use a long term loss carry forward to cover that.  is that possibly the issue? 

 

 

Capital gains TY2019 Error for summation with offsetting Cap Loss carryfwd

This is not the first post on this issue in the last few days ... it  is a bug that may be worked out soon ... call TT support for assistance in getting a workaround for this situation ...

 

 

The best and most efficient way for you to connect with the right person to get the help you need is to select the version you are using below.

 

We're open daily from 5 AM to 9 PM PT.

 

TurboTax Online

TurboTax mobile app

TurboTax CD/Download software

Capital gains TY2019 Error for summation with offsetting Cap Loss carryfwd

To help you... can you provide some data points?

 

Last year's Schedule D, lines 7, 15, 21.  If they're negative amounts, please prepend a negative sign.

Form 1040, line 7.

Current year gains or losses 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question