KrisD15
Expert Alumni

Investors & landlords

Yes, it should. 

 

If you are using TurboTax Home and Business, Select

Business

Less Common Business Situations

Net Operating Loss/QBI Carryforward Loss

Start or Update

Skip the first screen unless you have NOL

ON THE SECOND SCREEN enter Qualified Business Loss carryforward and Continue

 

The Carried Forward loss should be listed on Form 8995 Line 3

 

Please verify that it was not entered as a Net Operating loss or that you did not continue and finish that section of the interview. 

 

 

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