Is there a limit on how much long-term loss on investments we can use to offset long-term gains? Our long-term loss totaled over $6,000, our long-term cap gains totaled over $80,000. Can we use the entire $6,000 loss, or are we limited to just $3,000 (and carry-over the remainder to 2022)? In preparing our return, TurboTax allows the entire amount of loss to be used against the gain, with no carry-over. Is that correct?
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