Must you use all your capital loss carryover?

[Pizzabrewer]

I had about $9800 in cap loss carryover from 2016.  In 2017 I had about $10200 in cap gains.  So all the carryover will be used.

But I could absorb a few thousand $$ in cap gains without increasing my taxes.  Must I use all the carryover against 2017 gains or can I use just a portion and carry the rest into the future?

Thanks.

[MDM]

Doesn't appear you have a choice.

See 2017 Instructions for Schedule D - i1040sd--2017.pdf.

[BTDretire]

I had about $9800 in cap loss carryover from 2016.  In 2017 I had about $10200 in cap gains.  So all the carryover will be used.

But I could absorb a few thousand $$ in cap gains without increasing my taxes.  Must I use all the carryover against 2017 gains or can I use just a portion and carry the rest into the future?

Thanks.

 I have ask my account that before and was told you must use it if you have it.
 That said, I'm still writing of capital losses from the year '2000'.

[SeattleCPA]

You have to use it all up.

[Pizzabrewer]

Thanks. Pretty much what I expected to hear.

Oh well, an opportunity squandered. But that's how you learn.

Thanks!