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kh57smth
New Member

Software Enhancement -- Capital Net Loss Applied Against Other Income

Dear Software Development Team,

Since Capital Net Losses can be applied against other income to reduce your income taxes.  It would be appreciated if the Turbo Tax Premier software would have a built-in optimizer to determine how to lower your income taxes using the least amount of Capital Net Losses.  Hopefully, you can roll this requested feature out for the 2023 tax year.

Thanks,

Ken

1 Reply

Software Enhancement -- Capital Net Loss Applied Against Other Income

Thank you for bringing this to our attention. We will mention it to our development team and if the issue has not already been solved, we will work on a fix in a future update. We value your opinion and will share this information with the proper TurboTax team.

Thank you for choosing TurboTax.