Here is an example of what I believe you are saying:
W2 income $100,000
Interest and dividends $5,000
Business loss -$40,000
Total income for 2022 $65,000 with no NOL to carry over
However, if the business loss was greater than all the other income, you could have an NOL that is carried forward. You state positive income on your 2022 return which means no carryover, it was all used. Look at your 2022 tax return to see what happened last year. We do not have access to your return.
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