Is it possible to deduct remaining carryforward Qualified Business Income Deductions (QBID) after disposition of the business/activity? If so, how/where would I do that in the program?
My income has become a combo of wages, retirement/pension, interest/dividend income, and a small amount of Limited Partnership income that is passive and reported on K-1. I have a SIGNIFICANT (to me) amount of QBID carrying forward to next year. At 20% of 23% limit against QBI, it likely will NEVER get used up with the K-1 income. I DO have rental property income also (sole owner) - does the QBID apply to that (again, would still take a lifetime to cut into the balance).
Is there anyway to deduct that carryforward QBID from my non-biz income, or do I just lose those carryforward deductions unless I get involved in another business/partnership?
