capital loss tax question

[kreactor]

i have 4k in capital loss carryover from last year
today i sold some Elan (eln) after hours to gain 5k profit (long term gain)

will i pay capital gains on 1k or or 2k (3k capital loss per year)??

* link to website on this topic would be appreciated *

 

[EagleKeeper]

IRS FAQ - Capital Gainand Losses

If your capital losses exceed your capital gains, the amount of the excess loss that can be claimed is limited to $3,000, or $1,500 if you are married filing separately. If your net capital loss is more than this limit, you can carry the loss forward to later years.

 

[theeedude]

It may be better to carry those losses forward to offset some short term cap gains later, since the long term cap gains rate is so low, no?