Carryover for a closed business

[taxesgs]

I closed a business in 2019 by selecting "sold or otherwise disposed of" in 2019 TT. I may have missed the step to dispose of my vehicle by converting it to personal use back then though. Now in my 2020 return, a form 8995 is generated (along with a QBI Deduction Summary and Carryover Worksheet) with a qualified business loss carryforward. There is no Schedule C that was generated. If I try to delete form 8995, it automatically comes back after the deletion attempt. I believe carryforward should be discontinued for 2020 since the business is closed. Is there any way to correct this? Consequently this affects my NJ return as well. Thanks for the help!

[taxesgs]

Does anyone have any advice please?

[DaveF1006]

it sounds like it's being treated like a Net Operating Loss.  See if deleting the 8995 and the carry foward worksheet to see if this will eliminate the issue.

[taxesgs]

Thanks @DaveF1006 - that worked for federal. When I try to replicate for NJ (by deleting Form NJ Bus 2), it again returns. Here I was able to manually enter 0 for the carryforward amount though. Is the software doing this because it doesn't realize the business is closed and theoretically it will continue to carryforward until a future profit? Just want to make sure that by 'fixing' this, I've eliminated the issues from future years. Thanks for your help.

[DaveF1006]

Yes, if this will get rid of the error and let you file your return without errors. It shouldn't be a problem going forward but I won't stake my reputation on this answer. 

[taxesgs]

Thanks, as long as it is correct that carryforward should be discontinued in the year following business closure then deleting these forms are just a means to that end.