Ive reviewed the last several years of paper copies with all supporting gdocuments. Heres what happening by example
1040
w2 wages= 100,000
schedule F. Loss -40,000
AGI. =. 60,000 taxable income
That same 40,000 loss is the same QBI loss. It adjusted this years taxes and shows -40,000 QBI to carryover to next year according to QBI Deduction Summary.
To me it seems I'm taking that loss twice?
