stmoxa
Jan 25, 2013, 06:26 AM
I have both short term and long term capital loss carryover, and have recently incurred a substantial long term capital gain. Can I use both the carryovers to offset the long term gain, or only the long term loss carryover?
Can carryover capital losses be offset only against the same type (long or short term) of capital gains?
Can carryover capital losses be offset only against the same type (long or short term) of capital gains?