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isaawoll
New Member

How do I forfeit my capital loss, so I don't have to pay for premium?

 
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1 Reply
RobertB4444
Employee Tax Expert

How do I forfeit my capital loss, so I don't have to pay for premium?

Don't enter it into the tax return at all.  The IRS requires that all income be declared in order to be taxed.  It does not require that you take every credit that is available to you.  But the TurboTax system is designed to get the best deal possible for you so if you enter your loss then TurboTax will have to take it.

 

@isaawoll 

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