Your return, scored in plain language

Overall: Red

Specialist review needed before filing. There's a blocker we won't paper over.

Green

Yellow

Red

Blocked

Example cases

Every case below is a real committed audit packet. Pick one to see how we would score it.

Lot Reconstruction — Alternatives Emitted Transactions Loaded Yellow Specialist Review No Transaction Data Uploaded Transactions Yellow Review Resident Long-Term Gain Only Resident QD+LTCG Resident W-2 Only Resident IRA Deduction Resident HSA Deduction Resident Student Loan Interest Resident SALT Itemized Override Resident Schedule A Review

Transactions Loaded

Structured capital transaction input is present and the backend packet resolves the case to a red review band.

Reported carryforward differs from deterministic result

Red

Specialist review needed before filing. There's a blocker we won't paper over.

Reported treatment shifts from Reported next-year carryforward ST 0.00 / LT 0.00 to Deterministic carryforward ST 3000.00 / LT 1000.00.

The authority we rely on

IRC Section 1211(b): Individuals may deduct capital losses only up to the annual statutory limit against ordinary income.

IRC Section 1212(b): Unused net capital losses may carry forward to future taxable years for individuals.Schedule D Instructions: Capital loss carryovers should be tracked year over year and documented to the filed return.

Publication 550 - Capital gains and losses: Publication 550 explains capital gains and losses, including netting and reporting concepts relevant to individual investors.

Topic No. 409 - Annual limit and carryover: Topic No. 409 summarizes the annual capital-loss limit and carryover concept for individual taxpayers.

Adverse authority - Schedule D Instructions: If a worksheet phrasing question conflicts with the statutory annual loss limit, the Code controls.

Reported capital netting differs from deterministic result

Red

Specialist review needed before filing. There's a blocker we won't paper over.

Reported treatment shifts from Reported ST -4000.00, LT -500.00, net -4500.00 to Deterministic ST -6000.00, LT -1000.00, net -7000.00.

The authority we rely on

IRC Section 1222: Short-term and long-term capital gains and losses are defined by statutory holding period character.

IRC Section 1222: Section 1222 defines short-term and long-term capital gain and loss terms used throughout the capital-gains regime.

Schedule D Instructions: Capital loss carryovers should be tracked year over year and documented to the filed return.

Adverse authority - Schedule D Instructions: If a worksheet phrasing question conflicts with the statutory annual loss limit, the Code controls.

Available capital loss was not fully used

Red

Specialist review needed before filing. There's a blocker we won't paper over.

Reported treatment shifts from Reported net capital result -4500.00 and capital loss deduction 1500.00 to Deterministic net capital result -7000.00 and capital loss deduction 3000.00.

The authority we rely on

IRC Section 1211(b): Individuals may deduct capital losses only up to the annual statutory limit against ordinary income.

Schedule D Instructions: Capital loss carryovers should be tracked year over year and documented to the filed return.

Topic No. 409 - Annual limit and carryover: Topic No. 409 summarizes the annual capital-loss limit and carryover concept for individual taxpayers.

Adverse authority - Schedule D Instructions: If a worksheet phrasing question conflicts with the statutory annual loss limit, the Code controls.

Signal is self-preparation software. You are the filer. The bands above are deterministic scores against the authority stack — not legal advice and not a preparer opinion. Signal does not prepare returns for compensation, does not e-file, and does not choose filing positions on your behalf. See terms.

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