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March 27, 2025
Question

I did my taxes using deluxe version. I did not use the schedule D I did have a carryover from last year

  • March 27, 2025
  • 1 reply
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Why am I being told to upgrade to premium

1 reply

rjs
March 27, 2025

I assume that the carryover you have is a capital loss carryover. You have to use Schedule D to report the capital loss carryover. Schedule D is not included in Deluxe.


You have to carry over the capital loss from year to year until it's used up. You can't skip a year. If you omit the carryover this year you will lose it because your 2024 tax return will not show any capital loss carryover to 2025.