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Returning Member
posted Feb 6, 2024 9:52:39 AM

Turbotax calculating capital loss carryover incorrectly

For 2023 I have a $540.57 carryover amount after taking the maximum $3,000 offset against regular income.  Turbotax is incorrectly stating that I have $538 to carry forward - which is $2.57 short.  Has anyone else encountered this problem?  If so, is there a workaround?

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2 Replies
Expert Alumni
Feb 12, 2024 12:54:04 PM

Many things have been corrected in the latest updates to TurboTax. Are you still experiencing this problem?

 

Make sure you have ran all updates. 

 

If using TurboTax Online: Clear your cache and cookies. See this FAQ, for your particular browser.

If using TurboTax Desktop: Please see this FAQ.

Returning Member
Feb 13, 2024 6:50:21 AM

I was running the most current version online.  I just ended up rounding up some numbers in my data fields to make it agree.  I hate the fact that TurboTax automatically rounds sales amounts, which is what seems to have happened.  I was going to lose something like $3, but it's the principle of the thing.  The government is already getting entirely too much of my paycheck and then wasting it.  Anyway, sorry for the rant.  haha!