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How do you confirm your net capital loss from previous years is applied by turbo tax on line 253?
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October 29, 2019
7:29 PM
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Investors and rental owners
You will need to first ensure that you have a taxable capital gain on line 127 that is equal to or greater than the amount that you wish to claim as a net capital loss carryforward on line 253.
You can view these details on the Detailed Tax Summary section of your return.
October 29, 2019
7:29 PM