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February 21, 2025
Question

turbo tax 2023 did not carryover my losses from 2022. how can i add them to 2024

  • February 21, 2025
  • 1 reply
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I did not need the losses in 2023. I have a large balance. How can I add them to 2023 or directly to 2024

    1 reply

    PatriciaV
    Employee
    March 3, 2025

    In TurboTax, carryovers are entered under the individual topic. Typically, there is a page that asks about special situations with a checkbox for "I have XXXX carryover losses." Checking that box will trigger additional questions in the subsequent interview.

     

    For instance, Passive Loss Carryovers are entered during the setup interview questions for your Rental Property profile.

     

    In TurboTax Online, follow this sequence:

    1. Federal Taxes >> Wages & Income
    2. Rental Properties & Royalties >> Add/Edit
    3. Start/Revisit (pencil icon)
    4. Add a property or Edit an existing property
    5. Scroll down to "Less Common Situations" >> edit (pencil icon)

    TurboTax for Desktop has a similar path to this topic.

     

     

     

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