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K-1 Questionnaire - QBI Carryforward entries
TT doesn't seem to register my input. Last year, I bought rental property in a partnership (LLC Ptr). As a r.e. professional, I qualify as Actively Participating so it ties into my QBI Deduction. When I walk thru the K-1 questions, it carries forward the Passive losses and allocates them by year. Same for AMT losses. But when I get to the screen that asks me about QBI Carry Forwards, it auto-populates the total of the carryforward (-43,309) but lists 2020 and 2019 as blank so i fill in the -43,309 in 2020. However, when I get to the Federal Review it says that it needs me to enter the QBI Op Loss. When I look at the return preview, it still shows that 43,309 as being in 2018 - NOT 2020. When isn't it recording the info?
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March 2, 2022
1:19 PM