Can I still deduct stock sell loss in 2018?

Hi,

I sold some stock in 2018 and incurred loss larger than the allowable claim amount of $1500, can I still claim the carry over loss? I don't see that option in Turbo Tax 2021 Premier version

posted

If you had a carryover loss in 2018 it should be reported on the 2018 tax return. You would have to amend and file 2019 - 2020 to see the effect each year. If there is anything left over it can be applied to 2021.

Just as a point of clarification. The allowable Capital Loss is $3.000 per year.

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