Hello again DrewE83,
I assume that you mean that you will have a net loss on your business for 2023. Business losses do not carry forward to the next taxable year, but they will offset any other type of income that you have in 2023 such as wage income, interest, dividends, unemployment, etc.
If you have purchased any assets in 2023, be sure to depreciate them over the life of the asset rather than taking the bonus depreciation in the first year. That will reserve some of the expenses for future years to go against any future profits.
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