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jmorgand72768
Returning Member

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
CatinaT1
Expert Alumni

Turbotax calculating capital loss carryover incorrectly

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.

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jmorgand72768
Returning Member

Turbotax calculating capital loss carryover incorrectly

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!

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