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?
You'll need to sign in or create an account to connect with an expert.
" 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).
" 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).
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Bob in Plano
Level 4
Bill413
Level 2
cwatson303
New Member
latefiler5
Level 1
anon30
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.