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

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

I don't need my schedule D loss carryover and I want to file my return for free. How do I eliminate it on the software?

 
Connect with an expert
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.

1 Reply
DianeW777
Expert Alumni

I don't need my schedule D loss carryover and I want to file my return for free. How do I eliminate it on the software?

It depends.  You can start a new return, under a new user name to create a return without your capital loss carryover.  

 

CAUTION:  I would not advise you to do that. If you choose not to continue to carry your Schedule D loss over, then you will lose it for the future. It's important to continue to bring this forward on each new year to be able to use it up and keep as much of your tax dollars as you can.  This is available until you use it up but only if you keep it moving forward.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies