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76d3b8b190a2
New Member

Why isn't -$569 loss carried forward to 2020? On my schedule D, it carried over -$3596 from 2018; and it states it applied $3569 capital loss for 2019.?

The loss carried forward to 2020 is $0.
2 Replies
RobertG
Expert Alumni

Why isn't -$569 loss carried forward to 2020? On my schedule D, it carried over -$3596 from 2018; and it states it applied $3569 capital loss for 2019.?

It should carry forward, but if it does not, you can add the carryover when you prepare your 2020 return.

 

Just open your TurboTax return, search for capital loss carryover, and then select the Jump to link in the search results.

 

TurboTax will take you to the screen where you can enter that info from your prior year return.

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VolvoGirl
Level 15

Why isn't -$569 loss carried forward to 2020? On my schedule D, it carried over -$3596 from 2018; and it states it applied $3569 capital loss for 2019.?

You must have had enough current 2019 gains to use up all the carryover from 2018.  Did it give you the max 3,000 loss on 1040 line 6 or is there a positive gain on line 6?

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