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February 18, 2023
Question

Can I choose not to include my capital loss carryover as it's very low?

  • February 18, 2023
  • 1 reply
  • 0 views
I sold some crypto in 2021 and I included the sale on my last year's taxes. My capital loss carryover is only of $1. TurboTax is asking me to upgrade to Premier to include Schedule D and allow me to carryover that amount, which I don't care about. Can I remove it without legal repercussions and if so what forms do I have to delete?

1 reply

February 18, 2023

yes. delete it.