QBI carryforward

[build2345]

erfeqw

[build2345]

tjyhet

[brld]

It appears the 2022 online version still has this bug. When I enter the loss carryforward for 2019-2021 in both regular tax and QBID columns, it is doubled on Sched C line 3. If I enter the yearly split under only the QBID column, then it flows to Sched C correctly but lists 2019 as pre-2018.

Not sure how to manually update since form 8995 seems to be displayed read-only. I have done and redone this but can't fix it - is this a known issue with 2022 returns?

[AliciaP1]

It would be helpful to have a TurboTax ".tax2022" file that is experiencing this issue.

You can send us a “diagnostic” file that has your “numbers” but not your personal information.  If you would like to do this, here are the instructions: 

Go to the black panel on the left side of your program and select Tax Tools. 

1. Then select Tools below Tax Tools. 
2. A window will pop up which says Tools Center.  
3. On this screen, select Share my file with Agent. 
4. You will see a message explaining what the diagnostic copy is.  Click okay through this screen and then you will get a Token number. 
5. Reply to this thread with your Token number. This will allow us to open a copy of your return without seeing any personal information.  

We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution.

@brld 

[brld]

Thanks for responding, after re-reading the IRS instructions I ended up removing the at-risk loss carry forward altogether and filing without it, so I can't provide a diagnostic file.

This section was quite confusing, the form 8995 showing "qualified business loss carryforward" total that shows cumulative losses from the past 3 years let me astray, I assumed I needed to fill those in. But reviewing past returns made it clear those losses were already deducted, so I think I should have stayed out of that section entirely.

[charuc]

I am seeing the same issue on TurboTax Online. I enter the QBI Section 179 Carryovr under the uncommon situation section and it does not reflect on Line 3 of Form 8995 that TurboTax generates. Is there a resolution for this?