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Can a capital loss carryover be used to off set a short term capital gain?
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Yes, you can offset a short-term term capital gain with a long-term capital loss carryover.
However, you need to offset any long-term loss carryover against any long-term gains before you can offset any short-term capital gains.
https://www.irs.gov/uac/Ten-Important-Facts-About-Capital-Gains-and-Losses
However, you need to offset any long-term loss carryover against any long-term gains before you can offset any short-term capital gains.
https://www.irs.gov/uac/Ten-Important-Facts-About-Capital-Gains-and-Losses
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