Question

I sold a house from my grandmother and had losses, i've always gotten a credit, how do i do it for this year?

Forum|Forum|6 years ago
February 8, 2020
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TurboTax Free Edition Online

You may no longer have a loss to take. When you sell an inherited property at a loss you can only deduct $3,000 per year until the loss is completely used. The amount that is left to carry forward shows on a Schedule D in your 2018 tax return.

If there is still an amount that is deductible and you used TurboTax previously any remaining loss would carry forward and deduct on this year's return.

Link to How do I enter my capital loss carryover

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