For Capital Losses, I had -$13,005 for 2018. But Turbo tax is listing $4285 for Capital Loss used in 2018. I'm married filling jointly. I thought $3000 was the limit.

[Coleen3]

Did you have a dividend with a capital gain?

[jakbusch]

in box 2a of dividends and distributions, I have a figure of 1282.74, which when added to 3000 is pretty close to the 4285 turbo tax is giving me for a loss. Is that the reason? If yes, I don't understand how a dividend with a capital gain can put me over the 3000 limit

[Coleen3]

You are able to take up to a $3000 loss per year, assuming your loss is sufficient. But, before that happens, it is counted against any capital gains you might have. So, out of your $13k loss, $1,200ish went to cover your cap gain and $3000 was the loss you could take on your 1040. If your cap gain had been $13,000, you would have had a $5 cap loss left over on your 1040.