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.

Need help entering $3,000 loss capital loss from 2023. Can anyone provide specific directions?

 
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.

2 Replies
Vanessa A
Employee Tax Expert

Need help entering $3,000 loss capital loss from 2023. Can anyone provide specific directions?

If you had a $3,000 capital loss from 2023, you would have had to claim it on your 2024 return and then carry forward to continue using it in 2025.  So, first, be sure that you did enter it on your 2024 return.  If you did not, you will need to amend your 2024 return to claim it.

 

To claim the remaining amount in 2025 select the following:

  1. Federal
  2. Income
  3. Investment income
  4. Capital Loss Carryover
  5. Enter the information requested from your 2024 tax return. 

 

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

Need help entering $3,000 loss capital loss from 2023. Can anyone provide specific directions?

Thanks for the reply.  I think I figured it out, instead of asking "how do I enter capital loss carry over" which results in a lot of prose, I needed to simply ask "capital loss carry over" to get a specific link to the TurboTax entry form.   Once there, you are correct in that the carry over had to be entered on my 2024 return.  Thanks again   

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