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January 29, 2021
Question

I need to report a capital loss. It asks if I had a loss I could not report last year. I say no, because this is first year I will be reporting this & section goes away

  • January 29, 2021
  • 1 reply
  • 0 views
Should I just say yes, then it asks for information from my 2019 schedule D which I did not have

1 reply

Employee
January 29, 2021

It appears as if you are trying to report the loss in the wrong section, as if you had a carryover loss from 2019.

 

Report the loss in the proper section of the program.