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QBI Operating Loss
I bought some Properties towards the end of last year and had to do some repairs to get rent ready; this made for an Income loss in 2019. On doing the 2020 taxes, Turbotax is now requesting me to enter QBI Passive Operating Loss for 2019 while it was doing a check of the tax information I had entered so far.
I thought this Software should be the one automatically handling this kind of things instead of asking me such a technical action. I don't know what it wants me to do. It wasn't even providing me a help option.
‎February 3, 2021
8:24 AM