In TurboTax Online, enter QBI carryforward as follows:
- Down the left side of the screen, click on Tax Home.
- Click on the down arrow to the right of Review.
- Click on the blue band labeled Review.
- Down the left side of the screen, click on Federal.
- Across the top of the screen, click on Wages & Income.
- Click the down arrow to the right of Other Business Situations.
- Click Start / Revisit to the right of Net Operating Loss / QBI Carryforward Loss.
- Enter QBI Carryovers at the screen 2023 Qualified Business Income Loss Carryovers.
Those losses carry over indefinitely until completely offset by positive QBI.
[Edited 01/29/25 | 9:45 pm PST]
@askelrikh
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
