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On the Your Income page, capital loss carryover shows under the 2019 column but should be in the 2020 column. Can that be fixed, or is it just a display error?

The capital loss carryover from 2019 is correctly calculated. However it displays on the "Your Income" page in the 2019 column, but it should be in the 2020 column.
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3 Replies
EbonyA
Expert Alumni

On the Your Income page, capital loss carryover shows under the 2019 column but should be in the 2020 column. Can that be fixed, or is it just a display error?

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On the Your Income page, capital loss carryover shows under the 2019 column but should be in the 2020 column. Can that be fixed, or is it just a display error?

No that's right.  The 2019 column should show the carryover to 2020.  The 2020 column shows the carryover to 2021 (not your current loss for 2020). 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.

On the Your Income page, capital loss carryover shows under the 2019 column but should be in the 2020 column. Can that be fixed, or is it just a display error?

Thank you. That makes sense, I guess. Part of the issue is that this is the last piece of the loss carryover, about 1600, with no further carryover for 2021. What I want to know is how much applies to the 2020 return, which will be all of the carryover from 2019.

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