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Get your taxes done using TurboTax
Hello,
I am trying to do my taxed on Turbo Tax for the first time. Everything went well until I got to the QBI.
My 2019 Schedule C showed a loss of -$885 which also reduced my total 2019 QBI.
Yet it shows up again against my 2020 QBI effectively reducing my eligible QBID by $177.
How can I remove or zero out this carry over of $-885 on form 8995?
Thank you,
Veronique
March 2, 2021
7:24 AM