Does Turbo Tax 1040 return include a carryover loss and credit summary report or worksheet?

[csdl2024]

There could be many carryover losses or carryover credits  on a 1040 return. 

Can it be summarized on one report or worksheet? 

Does TurboTax return include a summary report or worksheet for all the carryover losses and credits?

Where to find out rental loss amount on Sch E from a prior year's 1040 return? I think it is very tricky. you can not just search it  on line 21, line 22, or line 26 on Sch E. I think the real carryover loss number should be found on form 8582 part IV line (e). 

Please verify it if I am wrong. 

[VolvoGirl]

The current year carryover loss from the prior year is on schedule D line 6 & 14.

On the income page The 2023 column shows the carryover to 2024 (not your current loss for 2023).  Schedule D doesn't actually show the carryover amount. To find your  Capital Loss Carryover amount  you need to look at your  return schedule D page 2.  Line 16 will be your total loss and line 21 should be a max loss of 3,000.  The difference between line 16 and 21 is the carryover loss for next year.

There is also a Carryover Worksheet showing the carryover from the prior year and the current amounts.  Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.

In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss Carry Over and Carry Forward worksheets.

In the Desktop program you can go to Forms and find it in the list in the left column.

If you have a negative AGI or negative taxable income it will show up on 1040  BUT it won't reduce the carryover to the next year.

[csdl2024]

Volvogirl, 

Thank you so much for your knowledge and great sharing. 

I find the carryover worksheet on the TurboTax desktop version. 

By the way, where to find out the true carryover loss number of Sch E?

Is it the number shown at line (c) Part IV on form 8582? 

[VolvoGirl]

Sorry I don’t know anything about Schedule E.