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Can I utilize more than $3k in capital loss carryover next year?
I had a sizable short term capital loss in 2021. I understand I can carryover $3k per year until it’s used up. However, if I have a short term capital gain in 2022 that’s in excess of $3k, can I use more of the capital loss carryover, or does that $3k cap apply no matter what?
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May 28, 2022
8:13 PM