On the "Your income" screen, I'm trying to decide why the "Capital Loss Carryover" doesn't show what I think it should. Adding a loss to the Stocks (etc) section doesn't change the capital loss carryover. Adding a loss to the Contracts and Straddles does though.
BTW, I understand the 3k/year loss (personally think that number is too low and hasn't been raised in many many years).
Example
| Detail | 2020 | 2021 |
| Stocks, Cryptocurrency, Mutual Funds, Bonds, Other | $1,000 | $0 |
| Capital Loss Carryover | -$42,000 | -$39,000 |
| Contracts and Straddles | -$36,000 | $0 |
When adding to Stocks section, no change to Capital Loss Carryover
| Detail | 2020 | 2021 |
| Stocks, Cryptocurrency, Mutual Funds, Bonds, Other | $1,000 | -$10,000 |
| Capital Loss Carryover | -$42,000 | -$39,000 |
| Contracts and Straddles | -$36,000 | $0 |
When adding to Contracts and Straddles, the Capital Loss Carryover does change accordingly (input -10k, goes to -$49,000 Carryover).
One thing to note: When I go to the 'Stocks, Cryptocurrency, Mutual Funds, Bonds, Other' section, TurboTax does still give me this warning:
"We need to re-enter your sales! We stopped importing your sales because you've reached our transaction limit for either non-covered sales (4,000) or for all sales total (10,000)."
I had re-entered a summary for what I thought it was complaining about -- maybe I need to do with others. But, I don't think this should keep the Capital Loss Carryover from updating.
