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Level 2
posted Apr 25, 2024 8:50:42 PM

Why doesn't capital loss carryover show up on my 2023 return?

Capital loss carryover doesn't show up on 2023 return even after importing 2022 return. 2022 return sch-D shows line 21: (3000) and line 16 around -4000 so I think this means I should get a carryover? But on 2023 return lines sch-D 6 and 14 are blank. And I don't see a capital loss carryover worksheet anywhere in the pdf forms.

 

Why wouldn't I see something on my 2023 return for capital loss carryover?

 

Per this response the capital gains carryover should have automatically been calculated but I don't see it.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/accounting-bookkeeping/enter-capital-loss-carryover/L49NjxzUq_US_en_US?uid=lvfgelxs

0 2 39779
1 Best answer
Expert Alumni
Apr 26, 2024 6:19:54 AM

Yes, it sounds like you should have a capital loss carryover, and that it isn't showing on your 2023 return. 

 

To fix this, you can enter it manually. Here's how to do that:

 

 

  1. Sign in to your TurboTax account.
  2. Select Wages & Income, then Edit or Review.
  3. Select the down arrow to the right of Investments and Savings.
  4. Select Start or Revisit to the right of Capital Loss Carryover. 
  5. Answer the first question Yes. 
  6. Refer to your 2022 tax return for the figures to enter here. If your figure is a loss, enter it as a negative number, for example -3000 for a $3,000 loss. 
  7. Select Continue.
  8. Answer the remaining questions in the section. 

 

 

 

2 Replies
Expert Alumni
Apr 26, 2024 6:19:54 AM

Yes, it sounds like you should have a capital loss carryover, and that it isn't showing on your 2023 return. 

 

To fix this, you can enter it manually. Here's how to do that:

 

 

  1. Sign in to your TurboTax account.
  2. Select Wages & Income, then Edit or Review.
  3. Select the down arrow to the right of Investments and Savings.
  4. Select Start or Revisit to the right of Capital Loss Carryover. 
  5. Answer the first question Yes. 
  6. Refer to your 2022 tax return for the figures to enter here. If your figure is a loss, enter it as a negative number, for example -3000 for a $3,000 loss. 
  7. Select Continue.
  8. Answer the remaining questions in the section. 

 

 

 

Level 2
Apr 26, 2024 8:15:45 AM

Thank you Julie!