Business & farm


@asender wrote:

"can I use this QBI loss carryforward to reduce my current year income?"  


 

No.  Actually, a negative QBI carryover is sort of a BAD thing to have, not a good thing.

 

QBI is a relatively new special deduction for some people that have a business.  The negative carryover just means that if you had a business, your QBI deduction would be smaller.