Capital Loss Carryover
Menu Path: Income > Common Income > Capital Loss Carryovers from Last Year
Enter on the Capital Loss Carryovers from Last Year screen.
If you had more capital losses than capital gains on last year's tax return, a capital loss carryover may be used on your current tax return. Look at your 2024 Schedule D, Lines 15 and 16. If they're losses, you might have a capital loss carryover for 2025.
Use the Capital Loss Carryover Worksheet in the 2025 Schedule D instructions to calculate the amount of the carryover and whether it's short-term or long-term.
Enter on the Capital Loss Carryovers from Last Year screen.
If you had more capital losses than capital gains on last year's tax return, a capital loss carryover may be used on your current tax return. Look at your 2024 Schedule D, Lines 15 and 16. If they're losses, you might have a capital loss carryover for 2025.
Use the Capital Loss Carryover Worksheet in the 2025 Schedule D instructions to calculate the amount of the carryover and whether it's short-term or long-term.
