The total QBI at-risk carryover from prior year did transfer into current year return in the following area:
In TurboTax Online, enter QBI carryforward as follows:
- Click the down arrow to the right of Other Business Situations.
- Click Start / Revisit to the right of Net Operating Loss / QBI Carryforward Loss.
- Enter QBI Carryovers at the screen Qualified Business Income Loss Carryovers.
I then entered the the QBI loss carryover per this solution provided and reflected the total loss carryover for each previous year. Trying to figure out why the QBI loss carryover would reflect double on form 8895. How do I know if it applied the carryover loss correctly? Doesn't make sense why this would be entered in both places.
