Here are the steps to carry back a net capital loss using Turbo Tax:
- Select Find and enter losses in the search bar
- Select Losses from the search results, then Go
- Select the Request for Loss Carryback box
- Select Continue until you reach the Net Capital Loss Carrybacks screen
- The maximum net capital loss that you can carry back is listed. Enter the amount(s) you wish to carry back for each applicable year, then select Continue
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