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March 14, 2024
Question

How can I delete Capital Loss Carryover if I do not want to use it this year?

  • March 14, 2024
  • 1 reply
  • 0 views
We have a capital loss Carryover of $200,000.  We do not need it this year.  I don't want to pay for a Tax Form that I don't really need.

1 reply

March 14, 2024

What form are you paying for that you don't need?

 

The Capital Loss Carryover Worksheet helps keep track of losses carried over, what was used each year, balance to carry over to next year.  This info can come in handy a few years down the road if you lose track of the amounts. 

 

Here's How to Delete Forms in TurboTax Online.