Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
R
rjm8
March 23, 2025
Solved

Capital Loss Carryover from 2022 not reported in 2023

  • March 23, 2025
  • 1 reply
  • 0 views

Hi,

 

I had a carryover capital loss of  -2, 572 on my 2022 return.

 

When I checked my 2023 return, I see -2,572 is not reported on the Capital Loss Carryover Schedule D. But I had  a loss of -4,065. Out of which -3000 was claimed. 

 

Now when I am filling up 2024 return, I can only see 1065 carryover loss (4,065 - 3000). I do not see the -2, 572. How can I add  2572 (from 2022) to 1065 (from 2023) on my 2024 carryover loss?

 

Thanks and appreciate all the help

 

I have been using TurboTax Desktop - Home & Biz.

    Best answer by DianeW777

    It depends. If you choose to amend the 2023 tax return to include the ($2,572) in that return, then you can use the full amount of carryover loss on your 2024 tax return. You can do that now without waiting to send in the amendment, however the amendment should follow soon.

    The following links will help you amend your 2023 return to include the 2022 capital loss carryover, and provide the correct carryover for 2024.

    @rjm8

    1 reply

    JohnB5677
    JohnB5677
    March 23, 2025

    Capital losses are limited to $3,000.

    • If you had a capital loss of &2,572 in 2022 it was used in that year.
    • That is why your tax return shows the loss on line 7 of the 2022 tax return.
    • There is nothing left to carry over.
    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
      R
      rjm8Author
      March 23, 2025

      Sorry my mistake on original question. 2572 is carryover loss on 2022.

      D
      DianeW777Answer
      March 23, 2025

      It depends. If you choose to amend the 2023 tax return to include the ($2,572) in that return, then you can use the full amount of carryover loss on your 2024 tax return. You can do that now without waiting to send in the amendment, however the amendment should follow soon.

      The following links will help you amend your 2023 return to include the 2022 capital loss carryover, and provide the correct carryover for 2024.

      @rjm8

      **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
        TurboTax Sign In Widget
        TurboTax flag icon

        Unlock tailored help options in your account

        Create an account
        TurboTax Expert Assist
        TurboTax Expert

        Get answers to all your tax questions

        Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

        Terms & ConditionsCookie settingsAccessibility statement
        Intuit
        TurboTax Credit Karma QuickBooks MailChimp

        ©1997-2022 Intuit, Inc. All rights reserved.
        Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
        of Intuit Inc. Terms and conditions, features, support, pricing, and service options
        subject to change without notice.

        Security Certification of the TurboTax Online application has been performed by
        C-Level Security.

        By accessing and using this page you agree to the Terms of Use.

        Accessibility

        TRUSTe nResult Certified e-File C-Level Security Certification