Re: Carried over stock losses from '19 into '20, S...
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Carried over stock losses from '19 into '20, Short Term (40K) & Long Term (60K). In '20, I expect to have short term stock gains of $80K. Could I offset all 80K in '20?

Married filing jointly
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Employee Tax Expert

Carried over stock losses from '19 into '20, Short Term (40K) & Long Term (60K). In '20, I expect to have short term stock gains of $80K. Could I offset all 80K in '20?

Yes, given the scenario you described your 2020 gains of $80K would be offset by your carryover losses from 2019.  You would be left with a $20K carryover loss going forward to 2021.

 

 

@sskk

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