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Get your taxes done using TurboTax
There is a known issue with the QBI Carryforward entries that posts all QBI losses to 2018. I will post here as soon as there is an update.
When TurboTax is updated, the carryforward information should populate correctly. You should see the QBI loss under that section and the Passive Losses under the Regular Tax section. The QBI Loss will be entered as $-22,605 for 2019 and $5,340 for 2020. The Passive Loss will be entered as $-19,734 for 2019 and $4,350 for 2020.
@ppumgrad
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March 25, 2022
9:33 AM