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Get your taxes done using TurboTax
Thanks for all the replies.
How much losses can I carry back? Here is an example. Let's say
I want to carry back $100K losses (1256 contracts) to previous 3 years
In 2019, I have 30K short term gains on 1256 contracts. And 40K short term gains (capital gains). Can I carryback 30K or 40K to 2019?
‎December 18, 2020
8:47 PM