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posted Jul 31, 2023 10:04:15 AM

Passive QBI losses total more than my passive allowable losses, incorrectly offsetting active QBI income

I have QBI income from both passive and active sources.

My passive income sources combined are a loss with a carryover to next year.

Turbo tax is not limiting the passive loss component of my QBI to the allowable income losses, it is subtracting ALL of the passive losses, negating some of my active QBI income sources.

 

(ex: line 2 of 8995 is a straight total of all passive/active income. I believe the passive loss component should be limited to the allowable losses I claimed this year)

 

This isn't right, correct?

Any ideas on how to address?

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