topic I have a 120k LT cap loss in 2018, don't have LT cap gain to offset. if I sell stock in 2019&amp;amp;realize 130k gain, can I offset entire 130k against carryover loss in 2019 in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-a-120k-lt-cap-loss-in-2018-don-t-have-lt-cap-gain-to-offset-if-i-sell-stock-in-2019-amp/01/625539#M27195 Thu, 06 Jun 2019 07:06:38 GMT sandywong21 2019-06-06T07:06:38Z I have a 120k LT cap loss in 2018, don't have LT cap gain to offset. if I sell stock in 2019&amp;realize 130k gain, can I offset entire 130k against carryover loss in 2019 https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-a-120k-lt-cap-loss-in-2018-don-t-have-lt-cap-gain-to-offset-if-i-sell-stock-in-2019-amp/01/625539#M27195 Thu, 06 Jun 2019 07:06:38 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-a-120k-lt-cap-loss-in-2018-don-t-have-lt-cap-gain-to-offset-if-i-sell-stock-in-2019-amp/01/625539#M27195 sandywong21 2019-06-06T07:06:38Z Yes ...that is exactly how it works...gains & losses net... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-that-is-exactly-how-it-works-gains-losses-net/01/625545#M27197 <P>Yes ...that is exactly how it works...gains &amp; losses net each other out .</P> Thu, 06 Jun 2019 07:06:40 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-that-is-exactly-how-it-works-gains-losses-net/01/625545#M27197 Critter 2019-06-06T07:06:40Z $120,000 loss in 2018 minus the $3000 you can (and must)... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/120-000-loss-in-2018-minus-the-3000-you-can-and-must/01/625553#M27201 $120,000 loss in 2018 minus the $3000 you can (and must) deduct against ordinary income = $117K carry over to 2019.<BR /><BR />$130K gain in 2019 minus 117K carryover loss = 13K capital gain on your 2019 return. Thu, 06 Jun 2019 07:06:41 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/120-000-loss-in-2018-minus-the-3000-you-can-and-must/01/625553#M27201 Hal_Al 2019-06-06T07:06:41Z THANKS!! VERY HELPFUL and I can breathe easier now after... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/thanks-very-helpful-and-i-can-breathe-easier-now-after/01/625557#M27202 THANKS!! VERY HELPFUL and I can breathe easier now after your response Thu, 06 Jun 2019 07:06:42 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/thanks-very-helpful-and-i-can-breathe-easier-now-after/01/625557#M27202 sandywong21 2019-06-06T07:06:42Z