I have $100,000 in capital loss carryovers from previous years. I also have stocks that I acquired after exercising non qualified stock options granted to me by my employer before it became public. I have owned the stocks for over 7 months now and the company is public. If I sell these stocks now, I will generate short term capital gains. Can my capital loss carryovers offset the above capital gains?
In other words, are short term capital gains from selling stocks acquired from exercising stock options treated the same way as short term capital gains from selling any other stock in a brokerage account? I held the stocks after paying cash for the exercise and the initial taxes and did not do a cashless exercise
