I have a short term loss carryover from 2022. can this be applied only to this years short term gain or can it be applied to long term gains?is this clear?

[ernestgere]

how is the carry over handled on turbo tax?

[Mike9241]

a STCL c/o is first applied to net short-term gains for the current year. if there is an excess loss remaining after this or you had current year net short-term losses, these losses are next applied to any net long-term gains for the current year. you can see how this works by reviewing schedule D.  up to $3,000 ($1,500 married filing separately) of any excess net capital losses can be applied to offset other income. This is the law which Turbotax follows.