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cgross1
Returning Member

"qbi passive loss c/f should not have a value" - what does it mean? how do I fix it?

my 2020 return has a carryover from form 8995 "total qualified business loss". i entered the amount from line 16 (a negative number) in turbotax.
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2 Replies
AliciaP1
Expert Alumni

"qbi passive loss c/f should not have a value" - what does it mean? how do I fix it?

Can you clarify if you are filing with Schedule C QBI or K-1 QBI?  The type of business income determines the next steps to enter your loss.

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cgross1
Returning Member

"qbi passive loss c/f should not have a value" - what does it mean? how do I fix it?

Schedule c

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