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Will a short-term capital loss carryover from 2022 be considered as a long-term capital loss when I carry it over to my 2023 tax return?
I need to know so that I can calculate my 2023 estimated tax.
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September 6, 2023
12:52 PM
last updated
September 06, 2023
12:52 PM
2 Replies
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Will a short-term capital loss carryover from 2022 be considered as a long-term capital loss when I carry it over to my 2023 tax return?
See https://www.irs.gov/taxtopics/tc409\
Short-term capital losses retain their short-term attribute when they are carried over to subsequent tax years.
September 6, 2023
1:06 PM
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Will a short-term capital loss carryover from 2022 be considered as a long-term capital loss when I carry it over to my 2023 tax return?
however, if you end up with net STCL and net LTCG then the net STCL will be applied to the net LTCG
September 6, 2023
4:29 PM
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