jgrayhiggins
Returning Member

Business & farm

In 2020 i had a QBI Loss Carryforward of -8,811.    On my 2021 8995 form, Turbotax is adding this loss carryforward (-8,811) to my QBI income (11,783).    Per the response above and the 199A loss rules..  only 20% of the 8,811 QBI Loss Carryforward from 2020 should be deducted from the 11,783.  Turbo tax is deducting the -8,811 loss from 11,783.  

 

Is there a bug in TT or do I need to manually calculate the .20 of -8,811?