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swest1119
February 7, 2021
Question

We've been claiming $3,000 through capital gains from our fathers death. How do I do this on turbo tax?

  • February 7, 2021
  • 1 reply
  • 0 views
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1 reply

DJS
DJS
Employee
February 7, 2021

Do you mean $3000 carry forward capital loss claimed against ordinary taxable income? In the interview for Federal Taxes, Wages & Income, Investment Income, there's a category for Capital Loss Carryover. You'll enter the information there. 

Answers are correct to the best of my ability but do not constitute legal or tax advice.**If this post is helpful please click on "thumbs up"**
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