loss ledger · IRS · 2026-10-04
Cap the Deductible Capital Loss
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Example result
You can deduct $3,000.00 this year. Carry forward $3,000.00.
Example loaded. Change a figure to use your own.
The deductible net loss is the lesser of the net loss and $3,000.
$3,000.00 cannot be used this year. It carries forward. It is not lost.
- Gains $2,000.00 minus losses $8,000.00 = net -$6,000.00.
- Annual cap: $3,000.00.
- Deductible this year: $3,000.00.
- Carryforward: $3,000.00.
What would change this
A larger loss, a smaller gain, or married-filing-separately status changes the cap or the carryforward.
Next step
Report the sales on Form 8949 and Schedule D. Use the Capital Loss Carryover Worksheet for the amount you carry forward.
Carry the unused loss into next year's Capital Loss Carryover Worksheet.
This tool gives general information. It is not financial or tax advice. Confirm the numbers with the provider or a licensed adviser before you act.
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Show the working
- Source: IRS Topic No. 409, checked 2026-10-04.
- The $3,000 limit ($1,500 if married filing separately) is the limit stated on that page.
- This tool does not apply the 2025 capital-gain rate brackets. Those brackets are a different tax year.
Data as of 2026-10-04. Source: IRS — Topic No. 409, Capital gains and losses.
What this does not cover
- Gifted property, inherited property, and collectibles can use other rules.
- The tool does not compute the tax rate on a net gain.
- State tax rules can differ.
This tool gives general information. It is not financial or tax advice. Confirm the numbers with the provider or a licensed adviser before you act.
Carry the unused loss into next year's Capital Loss Carryover Worksheet.