2664446
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

CA 3526 Incorrect carry over from 2020

I'm getting a large carry over on the disallowed investment interest expense from 2020 on my 2021 form, but the actual 2020 has $0 disallowed investment interest expense. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MarilynG
Expert Alumni

CA 3526 Incorrect carry over from 2020

If you believe your Investment Interest Expense Carryover from 2020 is incorrect, under Deductions & Credits, go to Retirement & Investments > Investment Interest Expenses and choose Start/Update.

 

Say YES to 'do you have 2021 investment interest expenses or 2020 carryovers?'

 

On the next screen, you can enter/edit the amount of Investment Interest Expense Carryover (screenshot). 

 

Click this link for more info on Investment Interest Expense

 

 

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question