so the capital loss carryover can combine apples to apples with my this years capital loss right? and what line on this sheet you showed I will enter the capital loss carryover from last year? ALL cap losses & gains from the prior tax year + the current are netted out on the Sch D.
But my capital loss plus carryover will be consumed by my income this year entirely. in that case is this form still attached / used? The carryover amount is transferred to the current year Sch D and if it is totally consumed there will be no loss to carry forward. The worksheet you were shown in the other answer was so that you know where to find the prior year carryover loss if you have to go looking for it ... it was for informational purposes only and is not attached to the new year's return.
