Capital Loss Carryforwards/Carrybacks worksheet print requirements
The Capital Loss Carryforwards/Carrybacks worksheet prints when you enter prior-year capital loss carryover amounts and the return utilizes those amounts against current-year capital gains.
To print the Capital Loss Carryforwards/Carrybacks worksheet, which supports Schedule D (Form 1120), Capital Gains and Losses, line 6, Unused capital loss carryover:
- Go to .
- Enter theAmount Availablefor prior years. Don't enter the current-year Amount Available in a single entity or top consolidated return.
- Go to . Drill down on line 6, Unused capital loss carryover, to open the Capital Loss Carryforwards/Carrybacks worksheet.
- Review line 2 to review the total carryforwards available and line 15 to review the total carryforwards remaining after utilization. The amount on line 15 transfers to Schedule D, line 6.
- Do a full recompute, then print.
note
For consolidated returns, the top consolidated return utilizes the capital loss carryovers; member returns don't utilize them separately.
