Per TurboTax I received the following question:
Amount to be Carried Back - Enter the amount of loss you plan to carry back from 2022. You will also need to file an amended return for the year to which you're carrying back the loss.
I had Section 1256 losses in 2022 that I am looking to carry back to previous years to receive a deduction.
Is the carryback amount limited to the tax filing status you had for that year, or is it limited to the status you plan on filing in the current year? I plan to file MFS for 2022, I assume as long as I don't amend filing status then the c/b is relative to that years status.
For example, if I have $7,000 left to carryover (back or forward) and in 2022 I plan to file MFS, in 2021 MFJ, in 2020 I was single, in 2019 I was single, is my understanding via this table correct?
| Year | Filing Status | Max c/b |
| Future Carryover | TBD | $1,000 (carryover) |
| 2022 | MFS | $1,500 (Capital loss 2022) |
| 2021 | MFJ | $3,000 |
| 2020 | Single | $1,500 |
| 2019 | Single | $1,500 |
