I have 2022 short & long term capital loss carry forward amounts. How (where) are they claimed on my 1040?

Forum|Forum|3 years ago
March 31, 2023
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TurboTax Deluxe Online

VolvoGirl

Employee

Forward from 2021 to 2022? Or from 2022 to 2023?

Enter a Capital Loss Carryover from 2021 under

Federal Taxes or Personal (Home & Business)

Wages and Income

Then scroll down to Investment Income

Capital Loss Carryovers - Click the Start or Update button

You enter the full amount that carried over, not just the 3,000

Hal_Al

Employee

If you used TT, last year, that happens automatically. Check lines 6 and 14 on Schedule D.

Otherwise, In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in Home & Business)

- Wages & Income

Scroll down to:

-Investment Income

-Capital Loss carryover

If you used TT last year, the boxes will be pre-populated with the carry over from last year.

TahoeJeff

Hi - I've used Turbotax for years, and now in '23 its asking me about capital loss carryforwards. I have a lot and they should be here from last year. However, nothing is here in the '23 return. This can't be right, this should all be here. Is this a software problem (clearly it is), and how can I fix it?