If I can use this 1099-Misc Form last year I would still be owed another 3 years or so of being able to deduct the $3,000 capital loss. If I have to pay taxes on this 1099-Misc form I would have about another 18 years to deduct the $3,000 capital loss. How do I use the remainder of the loss against this income now? I can only use $3,000 per year correct?
