I tried calling the IRS and I was transferred to 3 different people and even the âcomplex issues departmentâ had never heard of Form 6781 or the $3000 loss limitation rule. Iâm not joking. They told me I need to talk to a âtax professional.â I trade emini futures part time. I have another full time job. In 2007, I had a capital loss of $4766.36. In 2008, I had a loss of $791.90. In 2007, I did write down my full loss amount on Form 6781 but deducted it to the $3000 limit myself and calculated the 60/40 split off of that. When filling out 2008 schedule D, I am expecting to fill out the calculated 60/40 split of my 2007 carryover loss of $1766.36 on lines 6 and 14 but my carryover loss worksheet says that I should have zero dollars in both short term and long term. Is this right or should I disregard this worksheet? I have read online that I cannot offset my 2008 capital losses with my 2007 capital loss carryover. I need to offset my 2008 ordinary income with the 2007 capital loss carryover. How/where would I do this and how is this any different? So basically my questions are, can I carryover my excess loss in 2007 of $1766.36 to 2008? If so, how do I do this? The last guy I talked to suggested that I fill out the forms based on how I FEEL they should be, and then include an addendum letter stating how I got those figures. I hope to figure this out so I donât have to try and find an accountant that has a clue about futures and so I can learn this for next year. I appreciate any help.