https://ttlc.intuit.com/community/taxes/discussion/positive-operating-loss/01/1907364#M683714 <P>Sum o losses in individual years should not be greater then total loss (-3,285)</P><P>schedule looks like this&nbsp; &nbsp; &nbsp; REG Tax&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; QBI</P><P>before 2018&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-1,596&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-0-</P><P>2018&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-2,164&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; -3,178</P><P>2019&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-2,717&nbsp; &nbsp; what is wrong with this number? TT says this is wrong</P><P>&nbsp;</P><P>Thanks Harold. Been driving Me nuts for 2 days</P> Thu, 11 Feb 2021 21:21:45 GMT halstax1 2021-02-11T21:21:45Z https://ttlc.intuit.com/community/taxes/discussion/positive-operating-loss/01/1907364#M683714 <P>Sum o losses in individual years should not be greater then total loss (-3,285)</P><P>schedule looks like this&nbsp; &nbsp; &nbsp; REG Tax&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; QBI</P><P>before 2018&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-1,596&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-0-</P><P>2018&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-2,164&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; -3,178</P><P>2019&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-2,717&nbsp; &nbsp; what is wrong with this number? TT says this is wrong</P><P>&nbsp;</P><P>Thanks Harold. Been driving Me nuts for 2 days</P> Thu, 11 Feb 2021 21:21:45 GMT https://ttlc.intuit.com/community/taxes/discussion/positive-operating-loss/01/1907364#M683714 halstax1 2021-02-11T21:21:45Z https://ttlc.intuit.com/community/taxes/discussion/re-positive-operating-loss/01/1967439#M708125 <P>I may have the identical issue Harold--and I think it's a TT bug potentially.&nbsp; I have an error that on the Schedule K-1, page 8 that indicates "QBI passive OP loss should not be greater than total loss".&nbsp; &nbsp;It's asking me in my 2020 return to fix the 2019 line item entries.&nbsp; However, the error is comparing the 2019 loss to the 2018 Regular tax loss.&nbsp; Although the years are marked as stand alone, it appears the TT logic is trying to incorrectly compare 2019 to 2018 when it should compare 2019 QBI to the 2019 Regular tax loss??</P> Mon, 22 Feb 2021 05:57:20 GMT https://ttlc.intuit.com/community/taxes/discussion/re-positive-operating-loss/01/1967439#M708125 Linus62 2021-02-22T05:57:20Z