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jwcjr0924
New Member

where do i imput a capital gain loss ?

i have a capital loss carryover how do i report on turbo tax?
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1 Reply
MinhT1
Employee Tax Expert

where do i imput a capital gain loss ?

If you used TurboTax the previous year, your capital loss carryover is generally automatically transferred to this year's tax return.

 

If it is not transferred and you know your capital loss carryover, you can enter it in TurboTax.

 

To do this in TurboTax Online, please follow these steps:

  1. Click on Federal on the left-hand panel, then on Wages and Income
  2. Navigate to the list of income categories
  3. Locate the Investments and Savings section and click on the arrow on the right
  4. Click Start next to Capital loss carryover
  5. Follow the interview to enter your capital loss carryover.
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