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Business loss
This year and next year, I will likely have a business loss for a reduced revenue.
I file as a sole proprietor on a schedule C. Will I be able to deduct all my losses (meaning that it will continue to deduct even into my adjusted gross income) or is there a limit as to how much business loss I can claim each year?
Can I carryover unclaimed losses into next year?
‎August 30, 2023
11:33 AM