I'm not sure TT is calculating the QBI correctly.
Last year, I had QBI of $553 and correspondingly got the 20% deduction ($107).
This year, the Form 8995 says on line 3 that I have a "Qualified business net (loss) of carryforward from the prior year of - $2,978."
I don't understand where that number of - $2,978 is coming from, since I didn't have a net loss, but rather a net business gain last year. The number - $2,978 doesn't show up anywhere on my prior year's tax return, so I don't see where TT is getting it from.
Is this likely an error, or am I missing something, because again this year I have a net business gain, and would expect to be able to deduct 20% of my QBI, but instead TT is subtracting that prior year "loss" from this year's QBI as a carryforward.
