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Question

Carry forward loss in taxes. Husband used turbo tax on his account in previous years. Wife is primary account this year. How do we carry forward previous stock loss?

Forum|Forum|1 year ago
February 26, 2025
1 reply
0 views

Can we automatically carry forward the loss by linking husbands account to current account?

You may enter the capital loss carryover from the husband TurboTax account. You will need access to the 2023 Federal 1040 tax return.

In TurboTax Online,

Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
Click on the down arrow to the right of Investments and Savings.
Click to the right of Capital Loss Carryover.

In TurboTax Desktop, search for capital loss carryover, and then select the Jump to link.

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