Does anyone know how to fix my gross income not calculating my negative 1099-B income?

[Kaido]

"Your total income for the year was _____, including: - Wages, ____ - Taxable interest income, ___- Capital gains, -$3,000 - Self-employment income, ____ - Other income, ____"

but it's not calculating my negative 1099-B income i removed my 1099-B to see if the calculations would change and they didn't. both with 1099-B and without the system isn't calculating my form into my total income

i spoke to support through the ai call me option and the man told me after 20+ min call and desktop screenshare that i had to pay for Live Assisted  Premium or Full Service

does anyone know a solution or workaround to have the software calculate my 1099-B income? (which is negative but not being calculated into my total income)

[VolvoGirl · Accepted solution]

It seems right.    Look at  your Schedule D.  If you have a net loss for the year (after you subtract the losses from your gains) you can only deduct up to 3,000 (1,500 MFS) per year. The rest of the loss you have to carry over each year until it is used up. You can't skip a year. If you use Turbo Tax it will automatically carry over the loss for you.

Then in the future if you have a lot of gains you can use up more of the carryover loss.
See IRS Pub 550 https://www.irs.gov/pub/irs-pdf/p550.pdf

If you use Turbo Tax next year the Capital Loss Carryover will transfer over. Or you will have to manually enter the amount.

On the income page The 2024 column shows the carryover to 2025 (not your current loss for 2024). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.