DavidD66
Expert Alumni

Get your taxes done using TurboTax

The entire amount of long term and short term capital loss carry forwards are available to offset your 2023 capital gains.  If you have less than $200,000 of capital gains in 2023, then the unused portion of the 2022 carry forward will first be used to offset up to $3,000 of ordinary income, and the rest will carry forward to 2024.   

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