QBI Passive loss c/f should not have a value when no previously disallowed losses are present for regular tax purposes.

Forum|Forum|1 year ago
April 3, 2025
1 reply
0 views

I keep getting this…seems like I am doing everything correctly but it’s throwing a red flag here.

I know the has been asked but Im yet to see a fix.

1299082 is my ticket number.

I am trying to move to TT from CPAs but I may not be able to.

PatriciaV

Employee

Your best option is to delete the QBI Loss Carryover shown on Line G (QBI column) of the Carryovers to 2024 Smart Worksheet that appears with the Smart Check message. The loss is also reported by year in another section of this form, so the information will be available next year if needed.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Jaydub345Author

Thanks for the response.

how can I be sure the loss shows up elsewhere? Because it doesn’t let me dig into the forms.

when I do remove it where it shows the error, if I go back to where I originally put it in. It’s gone. So how can I be sure?

at this point I’m just going to have to go get a cpa to handle my taxes if I can’t be sure. I have a lot of carryover who losses.

DianeW777

It depends. lf you are using TurboTax Online you can review your forms line by line before you file.

You have access to all forms when you choose to print your return in TurboTax Online/Mobile. However you are required to pay before printing, but do not have to file until you are ready.