How is capital loss carryover handled in Fed tax and California state tax? I have capital loss carryover from 2021 at $8373. I have a capital loss $2057 in 2022. Looks like the capital loss carryover has no use for 2022 tax. I'd think the 2022 loss be added to the carryover to make the accumulative carryover to $10,430 in 2022, at least for fed tax, correct? Where can I find the capital loss carryover for 2022? For CA tax, I see the carryover loss of 3000 is used but it made the carryover for 2022 to $7430 (=[removed]), in California Capital Loss Carryover Worksheet.
How does this work?
