As part of the Federal review of my return I am being asked to enter an amount for QBI Passive Op Loss within the forms for my K1 statement. I don't see anything in my K1 statement about a QBI Passive Op Loss. Can you please provide some guidance?
Hi,
Here is another article regarding your question:
https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/qbi-passive-op-loss-must-be-entered/00/1967326
If there is no QBI passive operating loss on the K-1, you can certainly enter $0.
Thank you,
John
CPA