@DanaB27Fantastic explanation. THANK you so much for walking me through this. To summarize:1- For my 401K excess contributions, I added the excess into 2022's t...
@sleepy_rebeccaThank you for your reply. The tax franchise makes sense. So even though there is a number in the Ordinary Business Loss line and the QBI line for...
Thank you for clarifying that @JamesG1so in 2022 we were not "Open For Business" based on the criterias because we had the following costs:1- LLC Formation cost...