CanIoffseta2017$30kcapital gainAGAINSTa2015scheduleC $20kbusinesslossplusa2016scheduleCbusiness$30k loss?

[earl-kitover]

Can I offset a 2017 $30k stock sale capital gain AGAINST a 2015 schedule C $20k business loss plus a 2016 schedule C business$30k loss? And if so in what form do I do it? 

[CherylW · Accepted solution]

No, you can't.

Stock sales are reported on Schedule D.  Business losses are reported on Schedule C.

You can't take one loss off against the other.  Your Schedule D loss will carryforward, to be used only by future capital transactions.

[earl-kitover]

thx very much for your help!!!!!