In 2021 I have a long-term capital gain. I also carry a long

[PMikee]

...Or can I carry over the short-term loss to the next year, in expectation of short-term gain in the future years?

[fanfare]

Turbotax will carry forward your losses, based on the Rules for Schedule D.

[PMikee]

Thank you for your response.  Yes, I can see that this is what TurboTax does, BUT does it have to be done this way? You mentioned, 'Rules for Schedule D' - I understand that according to these rules it must be done this way, correct? I'm asking b/c I would rather carry 'short-term losses' into next year.