QBI carryforward losses are matched dollar for dollar against current QBI income.
IRS form 8995 instructions states:
Schedule C (Form 8995-A) offsets your trade or business that generated a qualified business loss against the QBI from your other trades or businesses. The qualified business loss must be apportioned among all your trades or businesses with QBI in proportion to their QBI.
QBI carryforward losses are deducted from the current QBI income. 20% of that result is generally the Qualified business income deduction.
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