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March 23, 2023
Question

How do I add a Schedule D. I have a Capital Loss that I want to report but I cannot add the form.

  • March 23, 2023
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1 reply

March 23, 2023

If you’re referring to a capital loss carryover, then, in TurboTax Online:

  1. If you don’t see 2022 TAXES in the left pane, select the dropdown to the right of Income & Expenses on the Hi, let’s keep working on your taxes! page and then select Let’s get startedPick up where you left off, or Review/Edit
    • Otherwise, in the left pane, select Federal, then Wages & Income (This is labelled Income & Expenses in TurboTax Self-Employed)
  2. Scroll down and select the Show more dropdown to the right of Investments & Savings 
  3. Select  Start or Revisit to the right of Capital Loss Carryover
  4. Select  Yes on the Do you have unused losses from prior years? screen, then select Continue

Otherwise, TurboTax will generate Schedule D when you report 1099-Bs and other capital asset sales. Those entry points would also be under the Investments and Savings banner.