Individuals cannot do a Capital Loss carryback. A loss carryback describes a situation in which a business experiences a net operating loss (NOL) and chooses to apply that loss to a prior year's tax return.
IRS states in the bulletin Limit on the Deduction and Carryover of Losses
"If your capital losses exceed your capital gains, the amount of the excess loss that you can claim to lower your income is the lesser of $3,000 ($1,500 if married filing separately) or your total net loss shown on line 16 of Schedule D (Form 1040). Claim the loss on line 7 of your Form 1040 or Form 1040-SR. If your net capital loss is more than this limit, you can carry the loss forward to later years. You may use the Capital Loss Carryover Worksheet found in Publication 550, Investment Income and Expenses or in the Instructions for Schedule D (Form 1040)PDF to figure the amount you can carry forward."
There is no mention of carryback.
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