I have the same issue. In my situation I have losses from previous years that gets carried over and it depresses the operating profit for this year. Then the QBI benefit is reduced thereby increasing your tax. The only way to see the carryover loss is if you go to Schedule E worksheets at the bottom.
I have another property that has no carryover loss and the rational outcome occurs where more expenses decreases the tax due. I suggest you include the expenses because at some point in the future you’ll stop getting the benefit of your carryover passive losses and will owe much more taxes associated with your passive income gains.
