Question

I lost over 50k in short term investments in 2018, my understanding is i can deduct 3000k from my taxes yearly on this. How and where do i fill this information out?

Forum|Forum|4 years ago
April 10, 2022
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TurboTax Self Employed Online

There would be a carryover loss in your tax return that would be rolled over into your 2021 tax return if you had used TurboTax for the year 2020.

You can enter the carryover loss in your return for the tax year 2021. Be sure to check previous returns to see how much of the loss had been used in prior years.

Just open your TurboTax return, search for capital loss carryover, and then select the Jump to link in the search results.

We'll take you to the screen where you can enter that info from your prior-year return.

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I lost over 50k in short term investments in 2018, my understanding is i can deduct 3000k from my taxes yearly on this. How and where do i fill this information out?

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