Flagged by TurboTax for High audit risk because of lower side business income, small business loss, and educational expenses.
Is QBI carryover and NOL the same thing? Went out of business in 2022. No income from business in 2023. Have a 18,273 loss carryover. Can i use the carryover for 2023?
Confused when figuring out my NOL manually, what belongs to Nonbusiness or Business Capital Losses/Gains?