Tax loss carry forward for line 13 . How do I enter that number on my return on this system?

[sumersmoke13]

no

[VolvoGirl · Accepted solution]

If you have investment sale losses, after you subtract the losses from your gains you can only deduct up to 3,000 per year. You can only deduct up to 3,000 (1,500 MFS) loss per year after any gains you have.  So if you have a lot of current gains you can use up the loss.  The rest you will have to carryover until it is used up.

If you transferred your prior return info it should already be filled in.

Enter a Capital Loss Carryover under
Personal
Personal Income
Federal Taxes Tab or Personal (Self Employed/Home & Business)
Wages and Income
Then scroll down to Investment Income
Capital Loss Carryovers - Click the Start or Update button