@GeorgeM777
Thank you for responding.
I guess I need to figure out my actual NOL that will get carried forward to 2023 and beyond. Can you determine how much will my NOL be? I thought it was equal to excess loss over my AGI.
I am 62 years old, and will not be subject to early withdrawal penalty on my 403b conversion. I know all of my 403b conversion will become taxable income when I convert it into my Roth IRA. I am converting it into Roth because my NOL carryforward losses are large enough to cover my extra taxable income from 403b conversion. Plus, I have more freedom as to where to invest in my Roth IRA.
Given the loss numbers I provided in my original post, can you tell me how much will be NOL that I can use in 2023 and beyond? Thanks
