Question

Turbotax Federal Review asks me to enter "Schedule E worksheet Section 179 QBI prior C/o"

Forum|Forum|2 years ago
April 11, 2024
1 reply
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What is this? There is no Schedule E "worksheet" saved into the PDF form. How am I supposed to find this and what carryover am I using here? Is that the disallowed loss from 2021 or the amount that got carried over into the 2021 tax return? Tell me exactly where to find it.

T

ThomasM125

Your qualified business income (QBI) carryover loss would be on form 8995, on line 16 and 17:

It would result from a business loss, including a loss on a rental activity. The loss would be carried over to future years to be applied against business income in those years or added to a business loss in future years.

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