topic Capital Loss Carryover issue in Deductions & credits

Capital Loss Carryover issue

Frank51281 — Wed, 04 Feb 2026 15:03:06 GMT

I have all my taxes complete except the Capital Loss Carryover section is giving me trouble.

-It's currently showing 2025: Not Started, 2024: N/A so I click into it and it says "Info from your 2024 tax return" and has the chart with the ST/LT capital losses (they are negatives, so losses) and income and the AMT info. I hit continue.

-Next page shows the capital loss carryover amount from 2024 and says All capital losses used in 2025 $3000.00. Last line says remaining losses carried forward to 2026 and it's $3000.00 less than the first number. All looks good. I hit continue.

-Now it says Your losses offset your income this year! All capital losses used in 2025 3,000. I hit Done and I'm on the income page and scroll down to the Capital Loss carryover section and says "Capital losses used in 2025 $3,000 losses." I hit confirm.

-It says my total loss amount and underneath it "3,000 of these losses are deductible this year. The rest will be carried forward to next year's taxes". I hit Next.

Now I am back to the screen I started at and it STILL says 2025: Not started, 2024: N/A. What am I missing here? I am not sure if it's deducting the $3,000 or not.

I tried multiple different times and same results. I do not have any 1099 this year as I did not have any brokerage transactions last year and this is still carryover from several years back.

Thanks for any help.

Edit: I am doing this on the web with the "Do It Yourself" Premium if that is relevant.

Re: Capital Loss Carryover issue

KrisD15 — Wed, 04 Feb 2026 15:16:43 GMT

Please check your 1040 line 7.

The 3,000 loss should be reported on this line

To preview your Form 1040 Tax Return using TurboTax Online, please

select Tax Tools on the left side bar,

then select TOOLS from the drop-down that opens

(you may need to play with the scroll bar on the left side to see these options)

Next, select "View Tax Summary" on the Tools Center Screen

On the left side bar you can find "Preview my 1040"

Select "Preview my 1040"

You can also find Capital Loss Carryover under

Wages & Income

Investment Income

Capital Loss Carryover

Re: Capital Loss Carryover issue

Frank51281 — Wed, 04 Feb 2026 15:24:30 GMT

Ok I just checked that and line 7 does in fact show the -3,000 so I should just ignore the "Not Started" then? I suppose it's a glitch in the software?

Re: Capital Loss Carryover issue

KrisD15 — Wed, 04 Feb 2026 15:34:25 GMT

Yes.

It may be saying that the carryover from 2025 which the program will carryforward to 2026, has not started until after your 2025 return is final, but I have not run into that statement.