You'll need to sign in or create an account to connect with an expert.
A capital loss carryover would normally affect a difference in your refund or balance due, however it all depends on the overall income level when including your other income. If your income is already below the filing requirement, then it would seem like it had no affect.
You can review your tax return (Form 1040 and Schedules 1,2,3) before you finish your return and you can also print the entire return before you file after you pay. Keep in mind that you will also have carryforward in some cases when the loss cannot be used up.
You can view your 1040 form before you e-file:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
obeteta
New Member
Bob in Plano
Level 4
jiillll
New Member
ColoRock
Level 1
Bill413
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.