1

Is one carryover more valuable than the other or are they equally valuable?

2

If you have both short-term and long-term gains next year, and their total is more than the loss carryforward(s), then

  • a short-term loss carryforward is taken first against the short-term gain, and the remainder if any against the long-term gain

  • a long-term loss carryforward is taken first against the long-term gain, and the remainder if any against the short-term gain

Since (uncancelled) short-term gain is taxed at ordinary income rates while long-term gain is taxed at lower rates, if you can't cancel both, it is more advantageous to have the short-term carryforward cancel at least some of the short-term gain.

In other situations there is no difference.

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