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Deductions & credits
I'm trying to correctly enter my 2019 QBI loss into TT Premier 2020 .
Other answers on this forum recommend entering at Other Business Situations/ Net Operating Loss/QBI Carry Forward Loss.
In TT Premier 2020, the layout instead shows; Business Items/Business Deductions and Credits/ Net Operating Loss. There is no reference here to QBI.. My question is: can I enter my QBI loss carryforward in the NOL field? Is NOL the same as Qualified Business LOss carry forward?
Thanks in advance.
‎April 23, 2021
3:57 PM