How do you fix capital loss carry over amounts. I entered the amounts, but it is not calculating correctly and not showing up on my return

Forum|Forum|1 year ago
February 22, 2025
2 replies
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I have a carry over loss from 2023 of $1934. I entered the full loss of $4934 and cap of -3000, but turbo tax is saying the remaining losses carried forward form 2025 is -$2,188. Furthermore, my return does not have a carry over loss sheet and is reporting blank on line 14 Schedule D Part II Line 14 Long term capital loss carryover

DoninGA

Employee

This is a known problem. See this TurboTax support FAQ - https://ttlc.intuit.com/turbotax-support/en-us/help-article/new-subscriptions/capital-loss-carryover-screen-showing-incorrect/L0f9krvPv_US_en_US?uid=m67fb7bs

rcarcielloAuthor

Thanks - I actually figured out what I did wrong - I entered my prior year loss as a positive number. After correcting to a negative number, the calculation worked and posted on the form correctly.