Capital loss carryovers
Enter capital loss carryovers on the
CO
screen in the Carryovers
folder. Per Form 1040 instructions, The application flows to Schedule D then to Form 1040, line 6. Any losses also carries into the Carryover report and is proforma'd next year.The application automatically includes capital loss carryovers in the net income calculation. You can determine the amount of capital loss carryover included on the
4952
screen.