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

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

If I had capital losses in 2021 and former years, why wouldn't I be entitled to capital losses in 2022?

Since 2017 I have been receiving - $3,000.00 in capital losses from an investment. The 2017 Capital Gains and Losses page shows -21,316. Each year from 2018-2021, it has shown -3,000. Why wouldn't I be entitled to -3,000 in 2022?
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
MarilynG1
Expert Alumni

If I had capital losses in 2021 and former years, why wouldn't I be entitled to capital losses in 2022?

Yes, you should continue to get 3K in Capital Losses each year until the  entire amount of your 2017 loss has been used up.

 

Type 'capital loss carryover' in the Search window, then click on 'Jump to capital loss carryover' to make sure your carryover loss amounts are entered. 

 

Here's more info on How to Enter Capital Loss Carryover. 

 

 

 

 

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question