If you have a capital gain or loss on your federal return, it typically came from the sale of investment assets, like stocks. It looks like you have a carryover of $99,349 from losses on investment sales reported in prior years.
In the current year, that loss will be applied to current year net gains, if any, and the remainder will be deducted in the amount of $3,000 this year.
The question then is, is any of the current year gain or loss reported on your federal return associated with investments that you acquired after December 31, 2011? So, you need to look at the investment sales in the current year and those that took place in earlier years, as represented in the $99,349 carryover losses that were used in 2020 against the gains in 2020.
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