Tax deductions for stock loss

[AMSharma]

If I make short term capital gains but have long term capital loss which are more than the short term profits. For instance my short term gains is 10000 $ but long term loss was 15000 dollars this year. Will it show up as capital total loss of 5000 of which I can get tax deduction on $ 3000 now and then $2000 next year. Or does short term and long term gain / loss do not get combined when looking at tax deduction for stock loss?  

[Mike9241]

capital losses are netted with capital gains. for the year you'll have a net long-term capital loss of $5K of which $3K will be deductible in the current year and the rest will carry over to next year.