A qualified business income (QBI) loss will never offset taxable income. You can get a QBI deduction against taxable income, but it is calculated by using QBI income, roughly 20% of QBI income. A QBI loss carryover would only offset QBI income in a future year, thereby reducing the QBI income on which the QBI deduction would be determined. So, if you have a net QBI loss in your business in 2024, the QBI loss carryover from 2023 would be added to that. If you have QBI income in 2025 that is more than your QBI loss carryover from 2024, then you will have net QBI income in 2025 for which you will get a QBI deduction of roughly 20% of that net QBI income.
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