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April 6, 2023
Question

I have been taking a carry over credit from a large loss years ago, Reported on line 21 Schedule D

  • April 6, 2023
  • 2 replies
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2 replies

VolvoGirl
Employee
April 6, 2023

Yes?  What is your question about it?  If you transferred your prior return it should be already filled in.

 

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
April 6, 2023

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