How do I enter my capital loss carryover?

by TurboTax •   303
Updated December 23, 2025 1:27 PM

If you transferred last year's TurboTax return over, you don't have to do a thing—we've already entered it for you.

Otherwise, follow these instructions:

  • Navigate to the capital loss carryover section:

    • TurboTax Online/Mobile: Go to the capital loss carryover screen under Wages & Incomeunder Wages & Incomeunder Wages & Income

    • TurboTax Desktop: Search for capital loss carryover, and then select the Jump to link, or

      • Go to Federal Taxes.

      • Go to Wages & Income.

      • If asked, How do you want to enter your income?, select I'll choose what I work on.

      • Under Investment Income, select Start or Update next to Capital Loss Carryover.

  • Select Yes on the screen Did you have investment losses you couldn't claim last year?

  • Enter the info about your capital loss on the following screens.

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