Capital Gains and Losses - Loss Carryover From Previous Year
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To enter or review short-term and long-term capital losses carried over from a prior year (so the TaxAct program can transfer the info to Schedule D Capital Gains and Losses):

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click the Investment Income dropdown, click the Gain or loss on the sale of investments dropdown, then click Capital loss carryover from previous years.
  3. Continue with the interview process to enter your information.

If you import your prior year return in TaxAct, these amounts will be transferred automatically from your prior year TaxAct return.  To import a prior year return, go to our Import Last Year's Return FAQ. If you are not importing your information from the prior year TaxAct return, in order to calculate the current year's carryover amounts, you need to complete the previous year's Capital Loss Carryover Worksheet—Lines 6 and 14 on page D-11 of the IRS Instructions for Schedule D.


Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.