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swest1119
New Member

We've been claiming $3,000 through capital gains from our fathers death. How do I do this on turbo tax?

 
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1 Reply
DJS
Alumni
Alumni

We've been claiming $3,000 through capital gains from our fathers death. How do I do this on turbo tax?

Do you mean $3000 carry forward capital loss claimed against ordinary taxable income? In the interview for Federal Taxes, Wages & Income, Investment Income, there's a category for Capital Loss Carryover. You'll enter the information there. 

Answers are correct to the best of my ability but do not constitute legal or tax advice.
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