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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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posted
3 weeks ago
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.
3 weeks ago
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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
3 weeks ago
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