Prior Year Capital Loss Carryover

Prior Year Capital Loss Carryover

To enter a capital loss carryover from a prior year in the individual tax return (Form 1040) in software, from the Federal Section of the tax return select:

  • Income
  • Capital Gains and Losses
  • Other Capital Gains Data (including Capital Loss Carryover) - Enter the short-term and/or long-term amount being carried over from the prior year in the appropriate box.