Question

How do I add my capital loss carry over from past years if I didn't have them on schedule d?

Forum|Forum|5 years ago
March 8, 2021
1 reply
0 views

No text available

TurboTax Self Employed Online

Critter-3

All capital loss carryovers must travel from year to year on the Sch D ... so did you really have a LOSS carryforward ?

M

mtnalex1Author

Yes, It goes back to 11 years ago. That was the last time I had it on Sch D.

Critter-3

Okay so the loss carryover needs to be listed somewhere. Each year the loss is reported on the schedule d and the amount allowed on line 13 of the form 1040 and the rest is carried forward and should be reported on a worksheet showing the calculation of the carry forward. So have you been filing a tax return every year for the past 11 years? Or have you not been required to file for all those years?