Yes, but the information to Form 8949 flows to the form when you enter investment sales or exchanges in TurboTax. We automatically fill out Form 8949 and transfer the info to Schedule D. You don't need to fill out the 8949 yourself.
If you need to make corrections, review the investment sales you entered. See:
Your total capital gains for the year minus your total capital losses result in a net gain or a net loss.
- You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.
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