topic Net Capital Loss Carry Forward in Troubleshooting

Net Capital Loss Carry Forward

jimcar — Wed, 02 Apr 2025 17:42:38 GMT

Turbo Tax 2024 carried forward a different amount to my NOA. How can I fix this?

Also, it isn't allowing me to apply the 2024 loss to a previous year in the T1A form.

TurboTax_Susan — Fri, 04 Apr 2025 22:12:32 GMT

In Forms mode, you can go to the LOSS worksheet and change the amount.

In EasyStep mode, you can search for "Loss". Then check off whatever you need and continue through the pages to get there.

jimcar — Mon, 07 Apr 2025 14:27:38 GMT

Thanks. I was able to change the capital loss carry forward as advised.

Another problem is I cannot enter this year’s loss to prior year’s gain on line 66360. How can I fix this?

TurboTaxAniqua — Wed, 09 Apr 2025 12:19:25 GMT

@jimcar You are welcome, and we are happy we can help.