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xcntry
New Member

Where do I enter last year's QBI loss carryover (Line 16, Form 8995) into 2022 Turbo Tax (Self-Employed) online?

I am not getting any prompts to enter this information from Form 8995.  If I enter information in the uncommon business section regarding carryovers, I get errors in the review process.  When I click the Qualified Business Income section, it does not prompt to enter the information.

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3 Replies

Where do I enter last year's QBI loss carryover (Line 16, Form 8995) into 2022 Turbo Tax (Self-Employed) online?

did you use Turbotax in the prior year?  then the QBI loss carryforward should have rolled. it won't show up on the 8995 but the activity that generated it. 

xcntry
New Member

Where do I enter last year's QBI loss carryover (Line 16, Form 8995) into 2022 Turbo Tax (Self-Employed) online?

No, I did not use TurboTax last year.

xcntry
New Member

Where do I enter last year's QBI loss carryover (Line 16, Form 8995) into 2022 Turbo Tax (Self-Employed) online?

Figured it out with TurboTax Live Help:

Federal Taxes ->Wages & Income->scroll down to Other Business Situations->Net Operating Loss/QBI Carryforward Loss

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