You'll need to sign in or create an account to connect with an expert.
You can't directly edit line 5b on Form 8960. According to the directions for the form, these are the only adjustments allowed on this line:
To make an adjustment on this line, you need to enter the information about the adjustment in the appropriate part of your tax return.
Adjustments to capital loss carryforwards for Form 8960 are in the section called Other Tax Situations. Find Additional Tax Payments, then open Additional taxes and repayments.
Edited:
Never mind found it. You can edit in the FORMS page of the desktop version.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
svetpetrov99
New Member
Think57
Level 3
allinost
New Member
MD-Taxpayer1
Level 1
Richard137
New Member
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.