ThomasM125
Expert Alumni

Get your taxes done using TurboTax

I suggest you look at the Form 8995 as it will indicate where the information on it is coming from. On line 1 will be listed the businesses from which QBI income is being recognized. Line 3 will list the carryover amount from the previous year. Once you know where the income or loss is coming from, you can investigate further to determine if there are any adjustments that have to be made.

 

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