macuser_22, thank you for clarifying the wording and what it really means on that instruction. Maybe I need to study the tax rules in more detail to understand this, but here is what I am still unclear about: On the one hand, based on seeing $417 on line 13 of of the Capital Loss Carryover Worksheet seems to indicate the $417 long term capital loss could be carried over to 2021, however on the other hand if I understand correctly from first answer to my question, since it did not exceed a $3000 loss it cannot be carried over. What am I missing in my understanding? Should that $417 loss carry forward or not?
("The only time that capital losses get carried over to the following year is when the capital losses exceed your capital gains in the current year by more than $3,000.")
