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Level 4
posted Aug 9, 2022 4:34:38 PM

Where report investment losses in years after the investment was reported sold?

In 2019 I sold an investment with a long term capital loss.  I reported the loss on Schedule D.  

In 2021 and 2022 I had additional expenses associated with that investment.  I believe those are still reported on schedule D, I'm just not sure where to put them.

 

Thanks.

0 4 667
4 Replies
Level 15
Aug 9, 2022 4:48:20 PM

i don't think we can properly answer your question. we don't know what these additional expenses are or what the nature of the original investment was. the expenses may be deductible on schedule D, but maybe somewhere else or they may not be deductible at all. 

Level 4
Aug 9, 2022 4:52:46 PM

It was a land investment which was in litigation and now there are legal fees associated with the prior ownership and sale.
I would think it's an "adjustment to gain or loss" on 8949, but TT won't give me a copy of 8949 unless certain things are entered on Schedule D.

Level 4
Aug 20, 2022 1:06:20 PM

No replies?

Level 15
Aug 20, 2022 3:18:55 PM

try investment income

stocks, mutual funds other

add sale

1099-B = no

i'll enter sale one at a time

description   - add your own description

date sold  - date paid 

date acquired - same as date originally report on sale

sales proceeds = 0

cost  = amount paid

holding period - select 

state  -  select

review any additional questions and answer appropriately.