topic My turbo tax has me taking the standard deduction. I have a K-1 showing a capital loss. Can I claim a capital loss with the standard deduction or do I have to itemize. in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/my-turbo-tax-has-me-taking-the-standard-deduction-i-have-a-k-1-showing-a-capital-loss-can-i-claim-a/01/39463#M926 Sat, 01 Jun 2019 00:32:27 GMT b1w1k1 2019-06-01T00:32:27Z My turbo tax has me taking the standard deduction. I have a K-1 showing a capital loss. Can I claim a capital loss with the standard deduction or do I have to itemize. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/my-turbo-tax-has-me-taking-the-standard-deduction-i-have-a-k-1-showing-a-capital-loss-can-i-claim-a/01/39463#M926 Sat, 01 Jun 2019 00:32:27 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/my-turbo-tax-has-me-taking-the-standard-deduction-i-have-a-k-1-showing-a-capital-loss-can-i-claim-a/01/39463#M926 b1w1k1 2019-06-01T00:32:27Z Yes, you can claim the standard deduction and a capital l... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-you-can-claim-the-standard-deduction-and-a-capital-l/01/39473#M927 <P>Yes, you can claim the&nbsp;<A href="https://ttlc.intuit.com/questions/GEN86552?legacy=true" target="_blank">standard deduction</A>&nbsp;and a capital loss at the same time. You do not have to itemize to claim a capital loss. Please see the following for&nbsp;more info on capital losses.&nbsp;<A href="https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Capital-Gains-and-Losses/INF12052.html" target="_blank">https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Capital-Gains-and-Losses/INF120...</A></P> Sat, 01 Jun 2019 00:32:29 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-you-can-claim-the-standard-deduction-and-a-capital-l/01/39473#M927 HollyP 2019-06-01T00:32:29Z