topic QBI At Risk Op Loss must be entered in Get your taxes done using TurboTax

QBI At Risk Op Loss must be entered

lvangmark — Mon, 09 Mar 2026 08:06:49 GMT

In reviewing my 2021 federal taxes, it's asking me to check my entry here on Schedule C. I don't know where to get this info from, QBI At Risk Op Loss must be entered. Can someone help?

Re: QBI At Risk Op Loss must be entered

DianeW777 — Mon, 14 Mar 2022 13:56:32 GMT

The most important question being whether you actively participated and then if all of your investment is at risk.

Open your TurboTax Return

Search (upper right) for schedule c > Press enter > click the Jump to link in the search results
Edit beside your business > Edit beside General Info
Scroll to Other Situations > Edit under Actively Participated in this Work to select 'Yes'

Next on the 'Here's your info for this work' page scroll to Uncommon Situations
Select Edit next to 'Carryovers, limitations, at risk information, etc.'
Make sure you do not have a check box selected that is incorrect on this page 'Do you have any of these other business situations?'
- Most importantly the 'at-risk' question- I have money invested in this business that I'm not at risk of losing; that is, certain cash, property, or borrowed amounts that are protected from loss.
- You can use this link to become more familiar with what 'At-Risk' really means: Is my investment at-risk?
See the image below.

Lastly, it's important to clear cache, cookies and browsing history on a regular basis to remove pieces of information you thought should be gone in the back ground. It helps more often than not.

How to clear your cache

Re: QBI At Risk Op Loss must be entered

lvangmark — Sun, 20 Mar 2022 19:45:19 GMT

It doesn't allow me to edit my Schedule C. Under documents 2021 it gives me a way to upload documents only.

Re: QBI At Risk Op Loss must be entered

PatriciaV — Mon, 21 Mar 2022 19:43:23 GMT

Please clarify what version of TurboTax you are using. TurboTax Online or the CD/Download version for desktop? In some cases the experience is different, as are the steps to access Schedule C.