That is correct. Only bear in mind that if you decide to take part of the 1256 as a carryback (Line 6) which would be deducted from that total net loss figure from Line 7 on that 6781. Provided that you marked off Box D on that form and followed the instruction as to how much of the loss can be carried back. And whatever remains on that Line 7 will be broken down 40%/ 60% short term, long term to be carried over to Sch D line 4 and 11 respectively.
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