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amly0528
New Member

carryover LOSS from 2023 is $14549, 2024 1099 INT, DIV and B is about $2735 net, turbotax shows $3441 as taxible income and about $28K as carry over to 2025,pls explain?

crypto loss $29144.38 (short term is: -$57,791.30, long term is: $28,646.96) bank interest: 900.33+300.11 stock dividends 1144.34 + 18,146.96 Stock 1099B: 123.77 (long term) + 11264.16 (long term) carry over loss from 2023 was: 14,549.00 why turbotax showed $3441 as taxible and $28,795.00 carryover to 2025?
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1 Reply
DavidD66
Employee Tax Expert

carryover LOSS from 2023 is $14549, 2024 1099 INT, DIV and B is about $2735 net, turbotax shows $3441 as taxible income and about $28K as carry over to 2025,pls explain?

It is impossible to determine why you would be seeing the results you mention above in your question without information about what entries are on what forms.  Without that additional information All I can say is it looks like one or more items have not been entered correctly.   I suggest you print (create a PDF of) your return and review it.  To print without filing in TurboTax Online, you will need to pay for TurboTax and then you will be able to print your entire return or specific forms/schedules prior to filing.  You will still be able to make changes prior to filing. Follow these steps to print a preliminary copy of our return in TuboTax Online:

 

  • While logged in and working on your return, click on Tax Tools
  • From the drop down menu click on Print Center 
  • Click on Print, save or preview this year's return
  • On the next screen click on "Pay Now
  • You may be prompted to "Go to My Info" if you need to add additional information
  • Submit your payment information and you will be able to print your tax returns

 

Note, you must pay by credit card in order print or preview your preliminary return.  You will not be able to pay using your federal tax return.

 

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