svk203
Returning Member

Investors & landlords

ok I have a weird one.  I have QBI  passive suspended loss"carryforward to 2019" from 2018 taxes of -26,311  (from a K-1).    When I'm doing my 2019 taxes- the worksheet says carryforward to 2020- the same amount  Ok no problem. But- when doing the review- I get this error--- Sch K-1 Wks-Partnerships (Lakshmi Venture Partners LLc): QBI PY Susp Loss should not have a value when no previously disallowed losses are present for regular tax purposes."  I literally have no idea what this means and hence no idea how to fix.  Please help?