Net Capital Loss Carry Forward

[jimcar]

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.

[TurboTaxSusan]

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]

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]

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