Investors & landlords
The workaround for this experience is to remove/delete the amount from the QBI column on the Carryovers to 2024 Smart Worksheet that appears with the Smart Check message. This edit will allow the worksheet to pass final review so you can file your federal return.
The amount of that carryforward is also recorded in the continuation of that table on the line for the year that generated the carryover (found on the Schedule E worksheet for this property). In future years, this carryover loss may be applied as allowed.
While TurboTax normally transfers carryovers from last year to your current return, it's possible this function wasn't successful for you this year.
Note that the "Special Situations" questions shown previously is part of the interview when adding or editing a rental property. In TurboTax Online, this is found under "Less Common Situations" on the rental property summary page.
