Where in Turbo Tax does a capital loss get entered?

[rjs · Accepted solution]

You don't enter the loss. You enter the sale of whatever it was that you sold at a loss. You enter the proceeds of the sale and the basis. TurboTax will calculate the loss.

Enter it as an investment sale. Go to Federal Taxes > Wages & Income. Under "Investment Income" click the Start or Update button for "Stocks, Cryptocurrency, Mutual Funds, Bonds, Other."