Offsetting gains and/or recapture with suspended loss carryover

[Stephanie Cristiano]

I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright.  I have suspended loss carryover associated with the property.  I often see general guidance such as follows:  "If you had suspended losses(losses you couldn't take because your income was above $150,000) then you should be able to utilize those suspended losses to decrease your gain."

On what tax form or worksheet, and what line, do you apply these suspended losses to decrease your gain?  Where is it described in IRS instructions?  I am looking on Schedule D and 8949, Forms and Instructions, and don't see it.

I genuinely enjoy doing my own taxes and self-educating so am hoping to not have to hire a CPA.  I know consulting with a CPA is the "right" answer.  Would love to find the answers myself and think through the scenarios.  I have done 1031 Exchanges before.  It was just the clear answer at that time because I didn't have the suspended losses.

Thanks!