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Level 2
April 5, 2020
Solved

Capital losses

  • April 5, 2020
  • 3 replies
  • 23 views

I noticed my capital losses are not being carried over from 2018 to 2019.  How can I get this data entered ?

    Best answer by JotikaT2

    Unfortunately, as this is a public forum, we cannot see any attachments.

     

    It sounds like you have capital losses that should have been carried forward from 2018 to your 2019 return.  But you do not see the amounts anywhere on your 2019 return.

     

    Try the following:

    1. Select the Personal tab and select Personal Income
    2. Scroll down to Investment Income
    3. In this section, you will see a section titled Capital Loss Carryover.
    4. Any carryovers from 2018 should be entered in this section.  If you only see $0 here, be sure to select Start so you can enter the amounts from your 2018 return that should be carried forward to 2019.  
    5. The program will prompt you to enter your information.

    Capital loss CF

    3 replies

    AmyC
    Level 15
    April 6, 2020
    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    donald03Author
    Level 2
    April 7, 2020

    sadly the answer given was not correct, the amount for 2019 is not present, I have replied via email with a word document so you can see I what I am talking about

    JotikaT2Alumni - ExpertAnswer
    Alumni - Expert
    April 7, 2020

    Unfortunately, as this is a public forum, we cannot see any attachments.

     

    It sounds like you have capital losses that should have been carried forward from 2018 to your 2019 return.  But you do not see the amounts anywhere on your 2019 return.

     

    Try the following:

    1. Select the Personal tab and select Personal Income
    2. Scroll down to Investment Income
    3. In this section, you will see a section titled Capital Loss Carryover.
    4. Any carryovers from 2018 should be entered in this section.  If you only see $0 here, be sure to select Start so you can enter the amounts from your 2018 return that should be carried forward to 2019.  
    5. The program will prompt you to enter your information.

    Capital loss CF

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