3100055
In TT 2022 the Capital loss carryover screens asks to compare four entries from 2021 to 2022. All entries are the same except the last - Taxable Income Form 1040, line 15. On the TT 2022 screen it shows this Taxable Income entry as a negative number while my actual 1040 line 15 shows this as zero. The negative value is correct when sub subtracting line 14 from line 11. Should I change the 2022 TT screen entry value to 0 Taxable income or leave the negative number.
You'll need to sign in or create an account to connect with an expert.
Where in the program is the screen that is displaying the negative value?
It is shown on the screen: Lets get some info from your 2021 Tax Return.
Wages & income > Stock,mutual fund and other investment sales > Do you know your capital loss carry over amounts - no, lets review > Lets get some info from your 2021 Tax Return
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
garne2t2
Level 1
Waylon182
New Member
tim_gallagher
Returning Member
madeline-sumika
New Member
sankaputha
New Member