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Carry forward not calculated correctly

 

I have two investments with losses 1099-B.  One loss is -6942.90.  Other is -165.36 loss.  The system shows capital losses for 2024 is 3000.00.  Cary forward to 2025 is 3856.00.

 

According to my calculation, total is 7108.26 and if 3000 is applied, the remainder carry forward should be 4108.26.  

 

Is my math wrong or is the system not working right?

 

 

 

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1 Reply
SharonD007
Employee Tax Expert

Carry forward not calculated correctly

The experience that you described is in the process of being resolved.  Take a look at the following TurboTax help article for an opportunity to register your email address to receive updates: Why is the capital loss carryover screen showing incorrect calculations?

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