topic I sold long-term stock this year and realized a gain of 37K. I have 9K of carryforward loss. Should I net both to realize a gain of 28K? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss-should-i/01/3181294#M109354 1099-R did not show any dollars in gain. Wed, 11 Feb 2026 03:52:01 GMT narvaj 2026-02-11T03:52:01Z I sold long-term stock this year and realized a gain of 37K. I have 9K of carryforward loss. Should I net both to realize a gain of 28K? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss-should-i/01/3181294#M109354 1099-R did not show any dollars in gain. Wed, 11 Feb 2026 03:52:01 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss-should-i/01/3181294#M109354 narvaj 2026-02-11T03:52:01Z Re: I sold long-term stock this year and realized a gain of 37K. I have 9K of carryforward loss. Should I net both to realize a gain of 28K? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss-should/01/3181340#M109359 <P>When you enter your stock transaction TurboTax will do the calculation for you, subtracting your carry over loss from your gain.&nbsp;</P> Sat, 10 Feb 2024 21:20:11 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss-should/01/3181340#M109359 Bsch4477 2024-02-10T21:20:11Z Re: I sold long-term stock this year and realized a gain of 37K. I have 9K of carryforward loss. ... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss/01/3181345#M109360 <P><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;">Yes. &nbsp;The carryover loss will be used to offset the gain of your current year sale. &nbsp;If your capital loss did not carryover with your last year's information use the instructions in the link.</SPAN></P> <UL> <LI><A href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/accounting-bookkeeping/enter-capital-loss-carryover/L49NjxzUq_US_en_US" target="_blank"><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;">How do I enter a capital loss carryover?</SPAN></A></LI> </UL> <P><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;"><SPAN style="background: var(--ck-color-mention-background); color: var(--ck-color-mention-text);"><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5444753">@narvaj</a></SPAN>&nbsp;</SPAN></P> Sat, 10 Feb 2024 21:20:54 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-sold-long-term-stock-this-year-and-realized-a-gain-of-37k-i-have-9k-of-carryforward-loss/01/3181345#M109360 DianeW777 2024-02-10T21:20:54Z