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wp64
Returning Member

Qbi incorrectly done

I need to amend two tax returns since turbo tax did not carry forward the qbi loss from 2022 to 2023 or 2024 even though it was calculated correctly

 

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1 Reply
DianeW777
Employee Tax Expert

Qbi incorrectly done

The amended returns for prior years can be completed using the instructions below. Be sure to read all the instructions carefully, before you begin, so that TurboTax knows the original numbers and the changed numbers for your amendment. Your state return can be amended at the same time.

 

Once you know the amount of carryover for 2025, you do not have to wait to file your 2025 tax return until the amended returns have been processed. You can file the 2025 tax return when it's ready to go.

 

@wp64 

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