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April 14, 2022
Question

Where do I report capital losses on investments?

  • April 14, 2022
  • 1 reply
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Is have a capital loss on an investment in the stock market.

    1 reply

    April 14, 2022

    Before you begin, be sure to determine the type of your capital property, and calculate your proceeds of disposition and adjusted cost base

    Please follow the steps below:

    1. Click on the Income tab and select Investments or Select Find from the menu and enter capital gains
    2. Select Capital Gains and Capital Gains Deduction Profile 
    3. On the Your Capital Gains Profile screen, follow the instructions to report your gains or losses
    4. Check the box Sold stocks, bonds, real estate, other capital property....  A screen will open up allowing you to input information.

    For more related information, please read our TurboTax FAQ  Where do I report capital gains or losses in Turbo Online and TurboTax article: Claiming Capital Gains and Losses 

     

    Thank You for choosing TurboTax.