A capital loss that is not deductible in the current year because it exceeds the annual capital loss ceiling, but may be deductible in future years. In general, only $3000 in capital losses can be claimed in any one year, but the excess loss can be carried over indefinitely. also called loss carryover.
Related information about capital loss carryover:
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Nov 7, 2012 ... Use the Capital Loss Carryover Worksheet in Publication 550, to figure the amount carried forward. Additional information on capital gains and ...
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The net amount of capital losses that aren't deductible for the current tax year but can be carried over into future tax years. Net capital losses (total capital losses ...
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Capital losses can carryover to future tax years to be used to offset future capital gains.
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(C) a capital loss carryover to each of the 10 taxable years succeeding the loss year, but only to the extent such loss is attributable to a foreign expropriation loss, ...