Investors & landlords

Here is where you include your qualified business income deduction (QBID) loss from last year.  You can carry it forward to offset any future qualified business income (QBI) for a business or investment K-1 profit or positive qualified business income (QBI).

To include your QBID carryforward loss so that it is not lost you can use the steps below.

• TurboTax CD/Download or TurboTax Online
  • Business Income and Expenses > Less Common Business Situations > Net Operating Loss/QBI Carryforward Loss