If I make short term capital gains but have long term capital loss which are more than the short term profits. For instance my short term gains is 10000 $ but long term loss was 15000 dollars this year. Will it show up as capital total loss of 5000 of which I can get tax deduction on $ 3000 now and then $2000 next year. Or does short term and long term gain / loss do not get combined when looking at tax deduction for stock loss?
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