Capital Loss Carryover Worksheet 2013 To 2014. Then the remaining losses retain their character when carried over for the next year. Be sure to include any short-term losses carried over from prior tax years.
This will result in your "net short-term gain or loss". If you have large capital losses to carry over, it appears it may be better to invest after-tax dollars in a regular taxable investment account, rather than investing pre-t. The point is that for state taxes in NJ, capital losses cannot be carried over to future tax years, and can be claimed only to the extent that they cancel capital.
That way, you can offset the appropriate type of capital gains in future years and maximize your tax savings.
If you have large capital losses to carry over, it appears it may be better to invest after-tax dollars in a regular taxable investment account, rather than investing pre-t.
You can carry over capital losses indefinitely. This will result in your "net short-term gain or loss". Capital Loss Limit and Capital Loss Carryover.