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February 15, 2023
Question

Turbotax says I don't need to file Schedule D for net loss on short term, but then how IRS know how much tax credit I get back? Don't I need to file it somewhere?

  • February 15, 2023
  • 1 reply
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1 reply

JosephS1
February 15, 2023

Please expand and clarify your question.  What was the type of net loss?  Did you receive a 1099 for the transaction(s)?  Was it a capital item or a personal item (stocks as opposed to having a yard sale or such)?  We can better help you with your question if we know more about it.

 

@kiranishrovsky24

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