topic I filed 'Captial Gains and Capital Gains Deduction' Form under income when I left the 'Losses' form blank when I added it onto my return under deductions. Does it matter? in Investors and rental owners

I filed 'Captial Gains and Capital Gains Deduction' Form under income when I left the 'Losses' form blank when I added it onto my return under deductions. Does it matter?

johnjames240 — Sat, 22 Mar 2025 05:31:27 GMT

The info I put into the capital gains are all good, but seeing that I didn't need the losses form and that its pretty much the same, should I resubmit my return and remove the losses form? Im guessing it will appear as a blank page and Im curious if they will wonder why that will be empty even though the other form has info on it.

Re: I filed 'Captial Gains and Capital Gains Deduction' Form under income when I left the 'Losses...

TurboTax_Susan — Sat, 22 Mar 2025 23:50:55 GMT

Did you have losses in 2024 or previous years?

Re: I filed 'Captial Gains and Capital Gains Deduction' Form under income when I left the 'Losses...

johnjames240 — Sun, 23 Mar 2025 00:07:58 GMT

Only in 2024 is when I had losses/gains. Years before never. Only started in that field yesterday. I filled out another form on Turbo where I have filled out my information, so I want to say I should be good regardless.

Re: I filed 'Captial Gains and Capital Gains Deduction' Form under income when I left the 'Losses...

TurboTax_Susan — Sun, 23 Mar 2025 21:53:39 GMT

If the form is blank, then it's not going to do anything to your tax return.

If you had a loss in 2024, there might be something on it that is going to carry forward to next year, if it can't be used on your 2024 return.

Either way, you should be ok.