AliciaP1
Expert Alumni

Business & farm

You are only applying a carried forward QBI loss - that has no impact on your operating income.  It is likely that your prior year's loss that created the QBI loss, was allowable in full against other income on your return, but there was no additional QBI to offset the loss against.  Until your QBI exceeds your QBI Loss Carryforward, you will experience this discrepancy.

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