How to print your return before filing
To see all the forms you need to pay any fees first with a credit card.
How do you know? Is 1040 line 7 too high?
On the income page The 2021 column shows the carryover to 2022 (not your current loss for 2021). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.
There is also a Carryover Worksheet showing the carryover from the prior year and the current amounts. Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.
In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss Carry Over and Carry Forward worksheets.
In the Desktop program you can go to Forms and find it in the list in the left column.
Thank you. I now understand that the 2021 column shows the carry forward loss for year 2022. But how do I know that the 2020 loss is applied to 2021 gains? I am in Online version and I want to check that before filing taxes. I checked in Tools but can't find the Sch D worksheet. Is there any other place I can check?
How to print your return before filing
To see all the forms you need to pay any fees first with a credit card.