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March 22, 2025
Question

How do I correct the "capital loss used in 2024"? I only used 3000 and it shows the entire capital loss.

  • March 22, 2025
  • 1 reply
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    1 reply

    March 22, 2025

    If you had any capital gain, you are able to use capital loss to offset that. Any loss above the gain you are offsetting is limited to $3,000. If you have no capital gain, but your capital loss is being used erroneously, I would be happy to take a look at your return.

     

    However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:

     

    TurboTax Online:

    1. Sign into your online account.
    2. Locate the Tax Tools on the left-hand side of the screen.
    3. A drop-down will appear. Select Tools
    4. On the pop-up screen, click on “Share my file with agent.”
    5. This will generate a message that a diagnostic file gets sanitized and transmitted to us.
    6. Please provide the Token Number that was generated in the response.

    TurboTax Desktop/Download Versions:

    1. Open your return.
    2. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” *
    3. This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us.
    4. Please provide the Token Number (including the dash) that was generated in the response.

    *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)


     

    March 22, 2025

    I keep getting an error while sending file to agent. I'm using a Mac.

    I also tried clicking on Help at the top. It opens up a virtual chat agent which never replies with what we need.

    March 22, 2025

    My token number is 1292722