standard deduction is greater than AGI without the capital loss, how do I know if my capital loss used or not?

[Jason612]

My 2022 total income was  $11142, and I had a capital loss of $1236. When I doing 2023 tax with TurboTax. It automatically imported capital loss carryover from year 2022 of $1236. I reviewed my 2022 tax return, there’s nothing indicating if

$1236 used in 2022 or not. How do I know that?

[RachelW33]

The calculation for your 2022 capital loss carryover is shown on the Capital Loss Carryover Worksheet which is found on page of the Schedule D instructions. If you print all of the worksheets for your 2022 Tax Return, it will include this worksheet.  

To simplify the calculation, because your taxable income on Line 15 is zero, your capital loss of $1,236 is still carried forward even though it is shown on Line 13 of your tax return.

[Jason612]

Thanks. I only print 2022 return(PDF), and I do not see the Capital Loss Carryover Worksheet there. That's why I'm not sure my capital loss used or not, I'm trying to figure out it on through 2022 return(PDF). Cause I try to transfer last year's TurboTax files from my computer, it says "Before you can upload last year's tax file, anything you might have entered so far for this year will be cleared."

I really don't wanna lose the date I spent couple hours to enter. Is there anyway I can open the files without transfer to turbotax or I can figure out the capital loss used or in just through 2022 return(PDF)?

[DianeW777]

Yes, you can view your .pdf of your 2022 tax return.  You do not need to re-enter/re-import your prior year information in your 2023 tax return, it is not necessary.

• How do I view, download or print a prior year tax return?

As indicated earlier, by @RachelW33, the reason your capital loss was not used in 2022 is due to the low income and zero taxable income.  In your 2023 tax return you can enter your carryover loss from the capital loss carryover worksheet. You can have confidence in the amount of the carryover by TurboTax. 

• Search (upper right) > Type capital loss carryover > Click the Jump to ... link > Continue to review or enter your capital loss carryover