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February 27, 2024
Question

I'm being asked to enter a "QBI At Risk Op Loss" for my photography business. Can someone tell me what this is?

  • February 27, 2024
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1 reply

March 6, 2024

This is a Qualified Business Income (QBI) loss.  In your 2022 TurboTax file look for any worksheets labeled Carryover (8995 worksheets specifically) to enter any carryforward loss from last year.

  • Wages & Income > Scroll to Other Business Situations >  Net Operating Loss/ QBI Carryforward Loss
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