Turbo Tax is showing me receiving my entire net Capital Loss of almost $9,000 on my Fed return, way more than the allowed $3,000 allowed per year. Is there any way to see if this is what they are actually going to put on my return before I pay them for preparing it? (I do not want to pay for an incorrect return that I can't even use)
You can look on line 7 of your Form 1040 to see what your capital loss reported on your tax return is.
You can view your form 1040 and schedules 1 to 3 while working in the online version of TurboTax by following these steps:
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
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