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New Member
posted Jul 13, 2020 7:49:09 PM

How do you populate the "QBI wksht for previously disallowed losses, if present" on the QBI Deduction Smart Worksheet? What value is it looking for, nothing seems to work

This field is popping up as a review item but it won't except anything that I enter in this field

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24 Replies
Expert Alumni
Jul 14, 2020 12:22:58 PM

That box is not looking for a number, but rather a "QBI Component worksheet" to which to link.  Delete anything (including any spaces) you have in that box, and then "double-click" on the empty box.  You should see a QBI Component worksheet for your Schedule C  or Schedule E worksheet in the list of options.  If so, link to that QBI Component worksheet.

 

TurboTax somehow "believes" you have previously disallowed QBI losses.  Check the section at Federal>>Income>>Other Business Situations>>Net Operating Loss/QBI Carryforward Loss to look for any entries related to a QBI Carryforward Loss.

 

This is a new thing in 2019, because the QBI deduction just started in 2018.  Now, for the first time, QBI losses from the previous year (2018) are being used to offset QBI income in the current tax year (2019).

 

If you had disallowed QBI from 2018, that needs to be carried to your 2019 tax return. That 2018 disallowed QBI loss should be on some sort of carryover worksheet from your 2018 return. If you used TurboTax in 2018, it will be on the 2018 Federal Carryover Worksheet, in a section entitled "Qualified Business Income Deduction (Section 199A) Carryovers".  

 

As background, when you have a business that qualifies for the Qualified Business Income (QBI) deduction, your deduction is based on the income of the "QBI business".  No QBI business income, no deduction.  And, if you have a loss on your QBI business, that loss gets tracked and "carried forward" to be offset against next year's QBI business income when calculating that next year's QBI deduction.

Level 1
Jul 15, 2020 4:40:51 PM

Nothing happens when I double click. How can I link to "Qualified Business Income Deduction (Section 199A) Carryovers" from my 2018 return?

Expert Alumni
Jul 16, 2020 1:06:16 PM


Make sure there isn't a popup box hiding behind another window when you double click.  If you have the Download/CD version of TurboTax, you can do this in Forms mode (icon top right blue bar), Question H 3d in the D2 Section of your K-1 or Schedule E, or under Question H 3d of the QBI Smart Worksheet for Schedule C (scroll down to get to those sections).

 

Go to the section where you enter your prior year QBI losses, and check to see if your prior year QBI losses are entered there:

 

Income>>Other Business Situations>> Net Operating Loss/QBI Carryforward Loss.  In TurboTax Download/CD versions, you use the path Income>>Less Common Business Situations>>Net Operating Loss/QBI Carryforward Loss.

 

Those prior year QBI carryforward losses would have been on a carryover sheet from your 2018 tax return.  When the 2018 tax return was prepared with TurboTax, the 2019 return will have the 2018 carryover for QBI loss carryforward on the Federal Carryover Worksheet, Line 29.

 

@ggonzalez1019

Expert Alumni
Jul 16, 2020 4:20:50 PM

Another thing to try is to go back through all the QBI questions for your business.  For the question "Should this business be treated as part of a combined business" (wording may be slightly different depending on your type of business). Unless you are aggregating with other QBI businesses choose "This business is independent of any other activities".  This may link your "source" form to a QBI Component worksheet, and resolve your issue.

Level 2
Mar 20, 2022 11:31:16 AM

I've having this exact problem in 2021. Is there is solution? Using the web version.

Expert Alumni
Mar 20, 2022 11:57:05 AM

@Cverson
TurboTax somehow "believes" you have previously disallowed QBI losses. 

 

Have you reviewed your entries for Federal>>Income>>Other Business Situations>>Net Operating Loss/QBI Carryforward Loss to find any entries related to a QBI Carryforward Loss?

 

 

Level 2
Mar 22, 2022 11:02:56 AM

I do have losses, so the form seems valid, but it creates an error when I attempt to file.

Expert Alumni
Mar 22, 2022 11:41:17 AM

This is a known issue and it is being investigated.  I will post again when we have an update.

 

@Cverson

Returning Member
Mar 24, 2022 7:59:28 PM

May I ask if this is solved? I have the same problem. Or I will have to file by mail.

Expert Alumni
Mar 25, 2022 9:18:22 AM

It is not yet solved.  I will post as soon as there is an update.

 

@VH60

Returning Member
Apr 1, 2022 6:48:52 AM

May I ask if there is an estimate time when it will be solved?

 

Thanks!

Expert Alumni
Apr 1, 2022 6:49:42 AM

There will be an update to TurboTax on April 8, 2022, that will resolve this issue.  If you are using one of the desktop versions you will need to install updates before you proceed.

 

@VH60

Expert Alumni
Apr 1, 2022 6:50:45 AM

There will be an update to TurboTax on April 8, 2022, that will resolve this issue.  If you are using one of the desktop versions you will need to install updates before you proceed.

 

@Cverson

Level 2
Apr 2, 2022 7:44:23 PM

Fantastic! Thank you.

New Member
Apr 4, 2022 11:45:32 AM

I am trying to e-file my taxes but this keeps coming up and can't pass it. 

"QBI wksht for previously disallowed losses, if present" on the QBI Deduction Smart Worksheet. There is nothing for me to put in there. 

 

Expert Alumni
Apr 4, 2022 12:32:35 PM

This is a known issue that was investigated.  The correction is set to be released on 04/08/2022.  If you are using one of the desktop versions of TurboTax you will need to update your software to apply it.  To do this you can follow these steps:

 

  1. Open TurboTax
  2. Click Online in the black menu bar at the top of the screen
  3. Click Check for Updates and progress through the installation process

@demirtas

Level 2
Apr 8, 2022 6:31:35 AM

I'm still having the problem as of this morning. Has the fix been deployed into the on-line version?  Thanks!

Level 1
Apr 8, 2022 6:21:33 PM

I am running into this issue as well on the website and its ...  April 8th, 2022.  So I am excited that there is a fix, but concerned that maybe it didn't work?   

Returning Member
Apr 8, 2022 8:06:32 PM

I am using website version and the issue is still there. Has the fix been released or not? Or is Turbotax going to fix this issue? I have been waiting for this for two weeks. If the issue cannot be fixed next Monday, I will have to file by mail. I have been using Turbotax for years and feeling more and more disappointed as every year there is an issue here and there. If this issue cannot be fixed by next Monday, I will probably use H&R Block next year. A sad choice for me.

New Member
Apr 9, 2022 7:55:01 PM

I am having this same issue.  I don't have TurboTax software and am justing using the website.  I always have.  Please advise how to proceed.

New Member
Apr 10, 2022 9:40:30 AM

I AM USING THE WEB VERSION AND AS OF 4/10/22 THIS ISSUE HAS NOT BEEN FIXED.  Do you have an estimated time or date when this glitch will be fixed?  Or what code we are supposed to use? 

Level 2
Apr 10, 2022 11:48:42 AM

@AliciaP1 

 

Good morning, checking to see if the update is slated for the web version or if I should go ahead and paper file before the deadline next week.  Thanks!

Returning Member
Apr 10, 2022 3:16:59 PM

Okay. Just want to update about this issue.

 

1) the software update seems not fixing this issue, unfortunately

 

2) However, I called the customer service and shared my screen with the agent and the agent fixed it for me. 

 

I have done e-filing.

Returning Member
Apr 10, 2022 9:41:20 PM

Could you share which part agent fixed? thanks