topic I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss does not appear to have reduced my taxable income...why? in Retirement tax questions

I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss does not appear to have reduced my taxable income...why?

lynnmflanagan — Tue, 14 Jan 2020 17:59:35 GMT

Re: I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss do...

GiseleD — Wed, 15 Jan 2020 18:56:12 GMT

There are many types of carryforwards in the tax code. In order to accurately address your concern, please respond back with more details on your carryforward loss.

While you are awaiting a response, may I recommend that you look at your tax forms in TurboTax? This may help you determine if the loss was actually documented on your return.

Here’s how to do this in TurboTax online:

In the left-hand menu bar, click on Tax Tools, then click Tools.
Under Other helpful links, click View Tax Summary.
Your Tax Summary will be displayed. In the left-hand menu bar, you will see a new option: Preview My 1040. Click it, and this will allow you to see the forms. Use this diagnostic tool to check to ensure your capital loss carryforward was entered properly.

Re: I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss do...

kmacy — Mon, 23 Mar 2020 20:56:32 GMT

My $3000 capital loss carry forward does not appear on 1040/line 8. I do not see schedule 1. Where is schedule 1?

Re: I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss do...

VolvoGirl — Mon, 23 Mar 2020 20:59:35 GMT

For 2019 Schedule D is back on its own line 1040 line 6 and not on schedule 1.

Re: I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss do...

kmacy — Tue, 24 Mar 2020 16:16:36 GMT

How do I get Turbo Deluxe to Enter Schedule D? Pay for Premiere even though I neither sold nor purchased any capital good?

Re: I have a carry forward loss from 2018 which has been entered on 2019 return, but this loss do...

VolvoGirl — Tue, 24 Mar 2020 16:25:34 GMT

Sorry if you are using the Online version you need Premier. You can use any Desktop program. All the Desktop programs have the same forms. You just get more help and guidance in the higher versions.