yakki5555
New Member

Long-term capital loss carry forward question

Hello, I have a $25,000 long term capital loss carry forward from a previous year that I have been carrying forward and I have a $25,000 long-term capital gain from this year, can I offset the entire long-term capital gain of $25,000 this year with the long term capital loss carry forward of $25,000 from a couple of years ago or am I limited to only using $3,000 per year of the long-term capital loss carry forward? Thank you...