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jrg933
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Why isn't Turbo Tax showing allowable net capital loss to be the same number as reported on 1099-B?

 Both short term and long term totals are different from the 1099-b reporting.
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Why isn't Turbo Tax showing allowable net capital loss to be the same number as reported on 1099-B?

You may have capital gains distributions from your 1099b interest and dividend reporting. You may have capital loss carryovers from prior years In forms, go to the bottom of the Capital D summary worksheet like this

 

And quickzoom on each of the individual items on the bottom to see where the figures come from on that Sch D form.

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