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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this capital loss carry issue hasn't come up in my filing with turbo tax?
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
Did you have capital gains to offset it? Are there any remaining losses if you had?
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
this year I had capital gains of 8,798.64. From last years return I am carrying over a capital loss of 56,260. I want to make sure I use my 3000 deduction and document the capital loss carry over?
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
correction, I am carrying a capital loss of 88.966.00
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
You can manually enter the amount if it did not transfer over.
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
can I start the review process and see if it carried over, I just don't see how it could have as I used HR Block last year?
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
Yes. Plus, see my answer.
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I was carrying a capital gains loss and taking a -3000 dollar deduction each year but this hasn't come up in my return?
To use your capital loss carryover from 2017, you need to enter the amount in TurboTax.
To do so, open your return and follow these steps:
- Click on Federal Taxes, then on Wages and Income
- Under All Income, locate the Investment Income section
- Click Show more and click Start next to Capital loss carryover (see attached screenshot)
- Follow the questionnaire to enter your capital loss carryover from 2017.