Since your business did not have profit in 2023, you will not get a QBI deduction. If you have a carryforward deduction from a previous year, you will not be able to use it until your business had a profti again.
To enter prior-year QBI carryforward:
- Login to your TurboTax account
- Go to Wages & Income
- Scroll down to Other Business Situations
- Under this category you will find Net Operating Loss/QBI Carryforward Loss, click Start.
The program will guide you as you enter your information.
![](https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/af81a0a8-f149-409a-a85a-e998a150eca0.default.png)
[Edited 2/26/24 | 6:10PM PST ]