topic Loss Worksheet Issue in Troubleshooting

Loss Worksheet Issue

Robert_Gibbs — Fri, 09 Jan 2026 01:34:58 GMT

On the "Loss Worksheet," net capital losses of other years should not automatically be applied/claimed against current year taxable capital gains (line 7).

This is an optional amount and may not need to be (fully) utilized to reduce taxable income to zero, or the taxpayer may wish to carry forward the net capital losses of other years to future years.

The amount(s) to claim should be user input, not auto calculated by the software.

This issue has carried over from at least the 2024 tax year and software.

Re: Loss Worksheet Issue

TurboTax_Susan — Fri, 09 Jan 2026 01:58:09 GMT

You can change the amount of Net Capital Loss being claimed in the first box to the left of #7.

Re: Loss Worksheet Issue

Robert_Gibbs — Fri, 09 Jan 2026 02:03:59 GMT

Thank you for that.

I will try that this tax year.

Re: Loss Worksheet Issue

Robert_Gibbs — Fri, 09 Jan 2026 02:09:50 GMT

Will that work with a zero value?

Re: Loss Worksheet Issue

TurboTaxAniqua — Fri, 09 Jan 2026 13:34:27 GMT

Yes, it will.