@Mike9241 Mike, thank you so much for the reply, it was very helpful. I got confused when TT used my QBI loss to calculate AGI, but I guess that can be put aside when considering how much QBI loss to carry over to the following year, right?
You mentioned, "the passive loss was allowed and now instead of being a PAL carryover it's a net operating loss carryover". The passive loss we're referring to IS my QBI loss and is indicated as a -$15,727 loss on "QBI loss carryover from Form 8895 line 16" from 2021. In 2022, I sold a property and would like to use the 2021 QBI loss to offset capital gains. When completing my taxes for 2022, however, Turbo Tax is trying to use my 2022 rental losses to offset that capital gains, which is not what I want.
How do I tell TT to use the QBI loss to offset capital gains BEFORE it uses passive losses from the current year?
