Capital losses of individuals in excess of the $3,000 annual limit may be carried forward indefinitely to future tax years, but may not be carried back to prior years.

Name: Capital losses of individuals in excess of the $3,000 annual limit may be carried forward indefinitely to future tax years, but may not be carried back to prior years.
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Excess capital losses can be carried forward indefinitely, but cannot be carried back to prior years.

Capital Losses of Individuals in Excess of the $3,000 Annual