Do I enter here the loss calculated on the 2016 carryover worksheet of $13,215? Also on the Deductions screen there is an entry for Other deductions - Net operating loss carryover. Do I enter $13,215 here also?
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1 Best answer
tagteam
Level 15
Jun 6, 2019 12:54:51 PM
"Do I enter $13,215 here also?"
No, you would only enter a NOL in the Deductions screen to which you referred.
Enter your capital loss carryover in the Income section (specifically, Investment Income>>Capital Loss Carryover).
1 Replies
tagteam
Level 15
Jun 6, 2019 12:54:51 PM
"Do I enter $13,215 here also?"
No, you would only enter a NOL in the Deductions screen to which you referred.
Enter your capital loss carryover in the Income section (specifically, Investment Income>>Capital Loss Carryover).