what type of business? sole proprietorship/single-member LLC, partnership, S-Corp, C-corp? what did it do?
for a C-corp the loss would disappear but you would have been entitled to a capital loss deduction in 2022 for any tax basis you had.
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in the case of other entity types, it is difficult to answer your question because we have no access to your returns. those losses, assuming you had tax basis to deduct them, would have flowed through on your personal return to offset other reported income. so you may have no operating loss carryforward. Turbotax does not compute NOLs at the personal level. if you had positive adjusted gross income for all the years the business operated, it's most likely there is no nol because that would indicate the losses were absorbed by other income you reported. However, if your business was rental real estate and you had suspended passive losses, if done correctly, they would have flowed through on your 2022 1040 based on the disposition of the business to the extent you had tax basis. Then it's possible in 2022 you had negative AGI which would likely be your NOL. To make sure of what your situation is you should consult a tax pro and take your returns to analyze the situation. I don't think this is feasible on this forum.
