We use the step-by-step dialogs and don't normally deal with the underlying schedule forms. This year TT is asking us to enter a value directly into schedule E.
We have a single rental property. It had losses in 2018 and 2019, but the allowed losses were zero. TT has prepared the "Carryovers to 2020 Additional Info for Section 199A Deduction" as part of Schedule E. It has entered the disallowed passive operating losses for 2018 and 2019 in the Regular tax column and a value for 2018 in the QBI column which equals their sum. TT is asking us to fill in the value in the QBI column for 2019.
We understand the values in the regular tax column come from the disallowed losses for those years, but do not understand why TT used the 2018 QBI value it entered nor how we should determine the QBI value for 2019. Is this QBI column asking for values from our previous tax returns or something we determine for 2020? If the former, where do we find these values? If the latter how do we determine the values?
