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April 13, 2025
Question

I have a loss carry forward. I have been reporting it on schedule 1 (form 1040). Where can I report it now?

  • April 13, 2025
  • 1 reply
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where do I input my loss carry forward?

    1 reply

    VolvoGirl
    April 13, 2025

    What kind of  loss carryover?  A capital loss carryover goes to 1040 line 7 not schedule 1.

     

    If it didn’t transfer over from last year then
    Enter a Capital Loss Carryover under

    Federal Taxes or Personal (Home & Business)

    Wages and Income

    Then scroll down to Investment Income

    Capital Loss Carryovers - Click Start or Revisit