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Level 2
April 8, 2025
Question

SHORT TERM CARRYOVER WITHOUT WORKSHEET FROM 2023

  • April 8, 2025
  • 2 replies
  • 9 views

I'm new please can someone help! I have a client who's tax preparer retired and they have a short term capital loss from 2023 on schedule D that looks like an amount should be carryover but no worksheet is attached with the information, can the client take the carryover without 2023 worksheet just using the Schedule D, if yes which line do I use 16 minus 21 the amount already used? 

You're help is greatly appreciated!! 

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2 replies

sjrcpa
Level 15
April 8, 2025

Go to the 1040 instructions. Get the worksheet. Fill it out. 

Might be in Sch D instructions.

The more I know the more I don’t know.
Just-Lisa-Now-
Intuit Community Champion
April 8, 2025

Line 16 minus Line 21 is what I use

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 2
April 8, 2025

Thank you so much! Have an Awesome Day!!