I have the same thing going on as the OP... TT is allowing a bit over $10K for capital losses. When I click to have it explain, it still says "$3,000 of these losses are deductible this year. The rest will be carried forward to next year's taxes." It doesn't clearly explain, to me anyway, where the other $7K+ is coming from. I want to understand your explanation, but...
Also, what is strange, on none of my 1099-Bs do I see any short term capital losses. I don't know where the $16K+ of short term losses is coming from. Is there a calculation sheet somewhere that will show that?
