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2023 Profit and Loss in the Negative
If you're showing a loss for 2023 in the business income section, does turbotax automatically carry it over to 2024 as a NOL? In the Net Loss section there's a carryover from 2022. It doesn't allow entering anything for 2023 which makes me think it would be redundant since it is already showing in the P&L section.
Any help with clarifying this would be greatly appreciated.
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‎April 15, 2024
11:38 PM