Self employed

Thanks a lot, John.

 

Bottomline:

 

1. 8995 losses are not used against both ordinary income and passive income.

 

2. I terminated the business in 2022.  Therefore those losses will not be used in the future...

 

3. Unless I show a profit in another business.

 

Does that summarize it?

 

Thanks again, John.

 

Armando