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jnlmad
New Member

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

Attached is a screen shot of what I mean.  I should have over 6000 to use as a capital loss carryover from last year and I have nothing in the 2018 box??? see screen shot.

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Accepted Solutions

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

On the income page The 2018 column shows the carryover to 2019 (not your current loss for 2018).  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.

There is also a Carryover Worksheet showing the carryover from the prior year and the current amounts.  Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.

In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss Carry Over and Carry Forward worksheets.

In the Desktop program you can go to Forms and find it in the list in the left column.

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5 Replies

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

Did you transfer in the 2017 return to 2018?

Your 2017 return shows a -$3,000 on the front of the Form 1040 correct?
jnlmad
New Member

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

my 2017 capital loss carryover summary says $7,111 for 2017 and my 1040 show $3,000 in box 13

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

I have the same question

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

On the income page The 2018 column shows the carryover to 2019 (not your current loss for 2018).  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.

There is also a Carryover Worksheet showing the carryover from the prior year and the current amounts.  Then there is also the Capital Loss Carry Forward worksheet showing the amount transferring over to next year.

In the Online version you have to save your return with all the worksheet as a pdf file to your computer to see the Capital Loss Carry Over and Carry Forward worksheets.

In the Desktop program you can go to Forms and find it in the list in the left column.

How come I can not see my capital loss carryover for 2018 income summary. I had over 7,000 carried over and the amount show 0.

And you need to use the Premier version to enter investments and capital loss carryovers.  It has Deluxe posted on your question.  That might make a difference.

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