Long Term Capital Gains Carryover from 2018 to 2019 tax return?

[ARS99]

I am using TurboTax home and business for my 2019 return. From my Turbo Tax home and Business 2018 software it carried forward a Net Long Term Capital Gain of $19,446. This is a gain not a loss.

I already paid taxes on the $19,446 in 2018, correct? Why is TurboTax carry forward a positive gain? Should this carry forward be a $0? According to other blogs gains are not carried forward.

I do have a Net Short-Term Capital Loss of $-29,13 from 2018 that is now plugged into my 2019 return. I do understand that if it a loss, that does get carried forward, but can only take $3,000 loss per year till it is used up. Am I missing something?

So what do i do here for my 2019 return? when the numbers were automatically plugged in from the 2018 TT

[NCperson]

can you please retype the short term loss? did you lose a digit? 

Long term gains are NOT carried forward.  Are you sure you are reading the form correctly? are you sure that inn 2018 that wasn't a loss??????? 

[ARS99]

Thanks for the help! My short term loss for 2018 that was carried forward to the 2019 box was $-29,131. 

Also, when i go back to my 2018 return on TT.  The Capital Loss Carry Forward Worksheet 2018 to 2019,  my Short-term capital loss carryforward to 2019 is $-6685 not $-29,131  under regular tax.

My Long-term capital loss carryforward to 2019 is at $0 under regular tax not $19,446.

So why is TT doing this?

[NCperson]

not sure I am following...

question 1: on your 2018 tax return, please look at the "Capital Loss Carryover Worksheet". In the regular tax column, what is on lines 8 and 13?  THAT is what is carried over to 2019.

question 2: Then on the 2019 tax form Schedule D, what is on lines 6 and 14? 

question 3: what form and on what line are you seeing zero and not $19446?

please respond and based on your responses, we can move this forward.