Deductions & credits

the only other way is to have capital gains, which would then be netted against the capital loss carryforward...otherwise, the answer is "no".  

 

The IRS is please to be your shared partner when you have a net gains and takes its tax accordingly, but the IRS is not willing to be your shared partner when there is a net loss; as you have experienced when there is a net loss, only the first $3000 each year is deductible against other income.  The IRS is not willing to be a shared partner beyond that.