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February 12, 2025
Question

Can I add in 2023 (prior year) carryovers to TurboTax if that return was not processed in TurboTax? If so, how is that accomplished?

  • February 12, 2025
  • 2 replies
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    2 replies

    VolvoGirl
    Employee
    February 12, 2025

    Yes.  What kind of carryovers?

     

    Enter a Capital Loss Carryover under

    Federal Taxes or Personal (Home & Business)

    Wages and Income

    Then scroll down to Investment Income

    Capital Loss Carryovers - Click the Start or Update button

    You enter the full amount that carried over, not just the 3,000

    DoninGA
    Employee
    February 12, 2025

    For a capital loss carryover -

    Click on Federal Taxes (Personal using Home and Business)
    Click on Wages and Income (Personal Income using Home and Business)
    Click on I'll choose what I work on (if shown)
    Under Investment Income
    On Capital Loss Carryover, click the start or update button


    Or enter capital loss carryover in the Search box located in the upper right of the program screen. Click on Jump to capital loss carryover