https://ttlc.intuit.com/community/self-employed-group/discussion/capital-gain/01/2368207#M3211 <P>How do you input capital gain as ordinary income and input a capital loss from previous year?</P> Wed, 27 Oct 2021 16:44:32 GMT sjolley75166 2021-10-27T16:44:32Z https://ttlc.intuit.com/community/self-employed-group/discussion/capital-gain/01/2368207#M3211 <P>How do you input capital gain as ordinary income and input a capital loss from previous year?</P> Wed, 27 Oct 2021 16:44:32 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/capital-gain/01/2368207#M3211 sjolley75166 2021-10-27T16:44:32Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-capital-gain/01/2368359#M3212 <P>TurboTax takes care of that for you! When putting in the transactions from your 1099-B, be sure to include the cost basis&nbsp;(dates and amounts when acquired), TurboTax will correctly classify the gain&nbsp;(or loss.)&nbsp;</P> <P>&nbsp;</P> <P>To enter a carryover loss from the previous year, Turbo Tax will do that for you if you used the software in the previous year. If not, please follow the steps below:</P> <P>&nbsp;</P> <UL> <LI>Federal Taxes or Personal (Home &amp; Business)</LI> <LI>Wages and Income</LI> <LI>Then scroll down to Investment Income</LI> <LI>Capital Loss Carryovers - Click Start or Revisit</LI> </UL> Wed, 27 Oct 2021 17:25:47 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-capital-gain/01/2368359#M3212 OpeA1 2021-10-27T17:25:47Z