Ouch! So, effectively, there's no advantage whatsoever to holding stocks for >1 year until after I use all of my captial loss carryforwards. Seems weird to me, b/c they require that like capital gain losses be used to offset like gains (thus requiring tracking of the two types of losses year-to-year). So (at least to that extent), they protect collection of a higher tax, but mandate loss of a more valuable tax credit as described. Thanks for you help!
