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Get your taxes done using TurboTax
It depends. What this page does is asking you to report if you have 2019 Carryover losses to be reported in 2020, it gives you two choices.
- if you had a regular QBI loss to be carried over from 2019.
- The second entry asks if you had a publicly partnership loss carryforward. This second choice would have resulted from a K-1 you received in 2019 from a publicly traded partnership.
- If you don't remember this specifically, then your 2019 carryforward loss may be be the first choice.
- You might check your 2019 return for more specific clues.
[Edited 03-29-2021|12:17 PM PST]
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March 29, 2021
12:46 PM