In 2018, I chose Yes that my rental properties were QBI. It was a loss and therefore didn't affect my refund, but there's a QBI carryforward loss on Form 8895. In 2019, I decided it was not QBI (not 250 hours) and chose No on the QBI question. I'm working on 2020 now (still not QBI), and saw the 8895 that I apparently overlooked last year. I am wondering the best way to fix this. It won't be QBI in future. Can I just delete form 8895 and pretend I never did that? What are the repercussions if audited?
I know how to delete it, but am wondering about the legality / consequences if I just delete without filing amended returns. Thanks!
