Applying my 2022 "Net Capital Loss Available for Carryback" to my 2021 return, which had a larger capital gain, made no difference to my 2022 tax refund.
Applying my 2022 "Net Capital Loss Available for Carryback" to my 2021 return, which had a larger capital gain, made no difference to my 2022 tax refund.
Your loss in 2022 would have been applied to your tax return already, if it was usable. The amount that you carried back was whatever was left over.
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