Under Capital Lodd Carryover, it says "Capital loss used in 2020 is $0.00... Shouldn't it read $3,000.00? #3,000.00?

[JotikaT2]

It depends.

If you had a capital loss on your 2019 tax return that carried forward to your 2020 tax return, you may need to review your input to ensure it is being pulled in correctly.

You can manually update your capital loss carryover if it is not pulling in from your prior year tax return. 

1. Go to Income & Expenses in the federal interview section 
2. Scroll down to All Income and select Investment Income 
3. Select Capital Loss Carryover 
4. Select Edit to the right of Info from your 2019 tax return to make corrections  
5. You will want to enter the entire amount of your loss, not just the $3,000 maximum deduction allowed each year.  This will ensure your remaining capital loss carryforward is pulled through.

Capital loss carryover

Capital loss ordering