How long can capital losses be carried forward to write off?
Hello,Thanks for your question.Capital losses in excess of the $3,000 limit ($1500 for married filing separate) are carried forward to future tax years until the loss is used up by offsetting capital gains and using the $3000 ($1500 for MFS) loss limits each year. There is no limit on how many years you can carryforward the loss. For reference, see http://www.irs.gov/publications/p550/ch04.html#en_US_2011_publink100010729Best regards,
CPA with 18 years of tax experience.