your capital loss carryover can be short-term, long-term, or a combination of both. short-term c/o offsets current year short-term gins. long-term c/o offsets current year long-term gains.
you can end up with net STCL and net LTCL. then (1) up to $3,000 of net capital losses can be used to offset other income with STCL used first then LTCL
net STCL and net LTCG. - they're netted. if a net loss (1) applies
net STCG and net LTCL - they're netted. if a net loss (1) applies
