How to file your taxes with TurboTax?

In this video, I cover the basics of Capital Loss carryovers and where to enter those on Schedule D. We examine the 2021 tax return for our taxpayer (Schedule D & capital loss carryover worksheets) and use that information to update our 2022 tax return.

One of the most common mistakes taxpayers make when preparing their own tax return is not remembering to account for carryovers from prior years. In particular, one of the most commonly overlooked carryovers is shortterm and longterm capital losses.

For other TurboTax 2022 tutorials videos, please see the following playlist:
   • TurboTax Form 1040 Tutorials for 2022...  

For a larger database of tutorials, please visit our website and search for your question:
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