I am unable to enter a capital loss carry-over in the on-line version of TurboTax. Any suggestions on how to do this?

Forum|Forum|11 months ago
April 13, 2025
2 replies
0 views

No text available

DoninGA

For a capital loss carryover -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Under Investment Income
On Capital Loss Carryover, click the start or update button

kent-dearyAuthor

I am using Turbotax Premium...do I need Home and Business to enter a capital loss carry-over?

DoninGA

@kent-deary wrote:

I am using Turbotax Premium...do I need Home and Business to enter a capital loss carry-over?

The TurboTax Premium online edition can be used for the capital loss carryover and to enter any investment sales in 2024.

kent-dearyAuthor

Appreciate all the input, but I was not able to resolve. I was able to see the data that carried over from my 2023 return, but it was not posting to Line 7 of the 1040. Went ahead and filed without it since the impact was not great. Also, I was seeing different menu layouts from what others posted.