Use of losses in years after property was sold

[Critter]

FYI .... W-2 income IS "business" type  for the NOL calculations. 

[phil106]

But then they classify itemized deductions or the standard deduction as "non-business" deductions for the worksheet.  And how would capital gain/losses for investments and capital gain/losses for the property I sold that is the cause of the NOL?  Would they both be business on the worksheet or would one be business and one non-business?

[Anonymous_]

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@phil106 wrote:

Would they both be business on the worksheet or would one be business and one non-business?

One would be nonbusiness and the other would be business.

See https://www.law.cornell.edu/cfr/text/26/1.172-3