Question

Delete schedule d

Forum|Forum|2 years ago
March 24, 2024
1 reply
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How do I delete Schedule D?! I typed in "capital loss carryover" and other posts say I should see a prompt asking if I sold anything, but I don't get that prompt. It goes straight to what they have listed for carryover from 2022 - but I do not want to use that allowance. I want to delete it.

TurboTax Deluxe Online

rjs

It seems that you do not really want to delete Schedule D. You want to delete the capital loss carryover from 2022. The tax law does not allow you to do that. A capital loss carryover has to be carried from year to year until it's used up. You cannot skip a year or choose when to use the carryover. There are no options for how or when a capital loss carryover is used. There is only one way to do it. TurboTax does the calculations as specified in the tax law.