short term loss carryovers are first netted against current year net short term capital gains (if current year short term losses they get added) . so you end up with a net short term amount. the same is true of long term loss carryovers so you end up with a net long term amount. . if either of these are losses they get netted against each other. if the result is a net loss - line 16 of schedule D - only a maximum of $3,000 can be deducted in the current year. the remainder gets carried forward to 2019. - schedule 1 line 13
so with 65K of loss carryovers and 27K of current year gains the net is a loss of 38K of which 3k gets deducted and 35k gets carried over.
in TT there should be a worksheet showing the carryover to 2019. if you use TT for 2019 return and transferring data, the carryover will be included. note transferring of prior year data must be done as the first step in preparing your 2019 return
