Is there a cap on Carry Over Loss that can be applied to Capital Gain in MA?

[myamica03]

Regarding the State Tax Portion:

In the state of Massachusetts (MA), I have a carry over short term capital gain (not from interests/dividends), and in the current tax year, I have a short term capital gain (not from interests/dividends), my question is, is there a cap (or max) that my

carry over short term capital gain (not from interests/dividends) can be applied to my current short term capital gain (not from interests/dividends).

Just using arbitrary numbers for an example: If I have a carry over loss of 1M (short term capital loss), and a current capital short term gain of 400k (w/ no interest/dividend), can I use the 1M of carry over loss to entirely offset my 400k (or does MA have a cap, where I can only use a portion of that carryover loss)?

[TomD8]

"...can I use the 1M of carry over loss to entirely offset my 400k or does MA have a cap..."

Massachusetts allows losses to offset any amount of gain (offset limited to amount of gain) and to offset up to $2,000 of interest and dividends. Capital losses cannot be used against other ordinary income.

https://www.mass.gov/info-details/differences-between-ma-and-federal-tax-law-for-personal-income