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Business & farm
I understand I need to elect to carry forward.
My real question is, for example:
had 2022 NOL, elected to carry forward
will have loss in 2023, without deducting 2022 NOL.
Must I still deduct 2022 NOL in my 2023 income? OR I can carry 2022 NOL in its original amount to 2024?
Thank you!
‎November 24, 2023
12:05 PM