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Returning Member
posted Apr 4, 2022 11:16:31 PM

QBI Component Worksheet

For some reason I'm seeing an error saying "QBI Component Worksheet: Your calculations could not be completed.  Reference code: 8-312-029"  Can't get passed this.  What is going on?

0 5 438
5 Replies
Expert Alumni
Apr 5, 2022 10:20:32 AM

Please clarify what version of TurboTax you are using. Also, can you identify what business generated this QBI?

Returning Member
Apr 5, 2022 11:26:38 AM

Self-employed and Graphic Design business

Returning Member
Apr 5, 2022 11:28:37 AM

Online

Expert Alumni
Apr 7, 2022 7:45:57 AM

You may be getting this code if you have QBI loss carryforward entries from 2020.  There is a known issue that will be corrected with a release on 04//08/2022.

 

@Elite901

New Member
Apr 11, 2022 8:34:08 PM

When is the qbi worksheet error 8-312-029 going to be corrected on turbotax online.  Should I delete the QBI worksheets?