Delete capital gains loss carryover

Forum|Forum|2 years ago
March 24, 2024
1 reply
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turbo tax is making me get the premium account to acknowledge a capital gains loss carryover. the loss carryover does not benefit my return and I want to delete it from this filing, but turbo tax won't give me access to do that without getting the premium account. I think - is there a way to remove the carryover loss with just the basic account?

TurboTax Deluxe Online

rjs

Employee

See my reply to your other question about deleting the capital loss carryover. If you have further questions, please continue the discussion in the other thread. When information is scattered in multiple threads it's confusing and hard to follow, and hard to see the whole picture.

You don't really want to delete the capital loss carryover. If you did that, you would lose the carryover completely. As I said in the other thread, you cannot skip a year and choose to use the capital loss carryover next year.

It might be less expensive to use the CD/Download Desktop TurboTax software instead of TurboTax Online. There is an extra charge to e-file your state tax return, but you could use the Basic or Deluxe edition. All of the Desktop editions have all of the forms. The only difference is the amount of detail and guidance in the interview.