Hi Again Mark,
Thanks for your patience and explanations. One more question/clarification:
In 2022, from 1040 line 11 (AGI) was less than 1040 line 12 (Schedule A itemized deductions).
The 2023 QBI Carryforward loss will likely be greater than my 2023 QBI income. And
In 2023, Form 1040 AGI will likely be less than 1040 Schedule A itemized deductions. (In other words, it is likely, I won't need to use all of the carry forward loss in 2023 to bring my taxable income to zero.)
Is there a way to reserve an additional amount of of the QBI carry forward for use in 2024? (Such that my 2023 AGI and Schedule A itemized deductions are roughly the same amount?)
Thanks again!
