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Carryovers/Carryforwards Worksheet - it's not working correctly for State

I entered my long-term capital loss carryover in the Federal section, and TurboTax filled it in correctly on the Federal Carryovers/Carryforwards Worksheet. However, the State Carryovers/Carryforwards Worksheet is blank on that line. Am I supposed to add it in manually? How do I do that?  

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3 Replies
MelindaS1
Employee Tax Expert

Carryovers/Carryforwards Worksheet - it's not working correctly for State

In TurboTax Online, this will be entered during the initial interview questions as you start the California return. If you navigate to Tax Home > State taxes > California & select Revisit 
During the interview screens that ask you about Residency status, etc., you should eventually see a menu that looks like this one (example): 

 

Capital Loss Carryover-CA.png

 

That is where you will enter your state capital loss carryovers for the year. 

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Carryovers/Carryforwards Worksheet - it's not working correctly for State

Thank you for that detailed answer, but I am using TurboTax Business on the Desktop and I don't see anything that looks like that. Do you know where I would find that section in the Desktop version? thank you

MelindaS1
Employee Tax Expert

Carryovers/Carryforwards Worksheet - it's not working correctly for State

In TurboTax Business Desktop, these are the navigational steps to enter the value manually:

 

  1. State Taxes
  2. Forms
  3. California Estate/Trust
  4. Carryover Wks
  5. Schedule D (Form 541) Line 3 Capital Loss Carryover
    1. Enter the carryover to the current year in Column (a)

 

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