Thank you for your example. That clarified what you were saying. My misunderstanding seems to be not applying the full amount of the carryover loss to the current gains. I also came across another response to a similar question that was asked on these pages in 2014 (<a rel="nofollow" target="_blank" href="
https://ttlc.intuit.com/questions/1915181-capital-losses-carry-forward">https://ttlc.intuit.com/ques....
