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Get your taxes done using TurboTax
Thaks. I think I understand.
We did have other income (W-2) in 2021 that was far in excess of the Schedule C loss. If I understand correctly, then I did not have an NOL. I was thinking of the NOL as the loss in the business, rather than net of other income outside the business on the tax return.
March 25, 2024
3:03 AM