Thanks, yes there were 5 members of the LLC, and we sold it's only asset which was a piece of land. I have dissolved the LLC, and yes the K-1 is checked as the final K-1. I'm retired with no w-2s, but I have income from pensions, annuities, SS, and IRA withdrawals (not roth). I had assumed that any losses from the LLC would be limited to $3,000 per year; however turbotax is showing $25,000 qbi loss this year, and carrying over $41,000 into next year. We did sell the land at a large loss, as we didn't want to deal with it anymore.
