How do I enter net capital losses in turbotax online version (not the downloaded version)? It goes on line 25300 but I can't access the forms via online version.

Is it even necessary to enter the $ of unused net capital losses in my taxes if I'm not applying them to this tax year?

472

Level 5

Oct 29, 2021 6:56:31 AM

Please find the information on how to enter the previous years’ losses from your Notice of Assessment in this discussion.

To enter Net Capital Losses using TurboTax Online (or EasyStep view of TurboTax CD/Download):

From the sidebar click Deductions > Losses Profile > Net Capital Loss Carryforward > check the box beside Net Capital Losses and Continue.

On the page titled Net Capital Loss Carry Forwards, enter the amount shown on your Notice of Assessment.

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