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How can I use my Capital Loss on my 2025 Turbo Tax if I do no want to defer it ?

how to use Capital Loss ?
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rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How can I use my Capital Loss on my 2025 Turbo Tax if I do no want to defer it ?

The rules for using capital losses are fixed by the tax law. You cannot do it differently from what the law requires. Up to $3,000 of net capital losses can be applied against the income on your 2025 tax return. Any net loss over $3,000 must be carried over to future years. There are no choices or options about how the capital losses are used. TurboTax will use the losses as required by the tax law. There is no other way to do it.

 

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1 Reply
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How can I use my Capital Loss on my 2025 Turbo Tax if I do no want to defer it ?

The rules for using capital losses are fixed by the tax law. You cannot do it differently from what the law requires. Up to $3,000 of net capital losses can be applied against the income on your 2025 tax return. Any net loss over $3,000 must be carried over to future years. There are no choices or options about how the capital losses are used. TurboTax will use the losses as required by the tax law. There is no other way to do it.

 

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