theonlyiguy
Returning Member

Net operating loss

On a joint return I have a net operating loss carryover from a business for 2019 and 2020 of over 55k with less than a 1/4 of that for business income in 2021.

How much of those loses can be applied to 2021 joint return? Does it max out at Gross or Net of business income or some other method?

Thanks!