QBI on Deferred Passive Losses
I have a passive loss that is deferred. But TT is reducing my QBI deduction by this passive loss, even though I cannot take any of the passive loss this year. Shouldn't the deferred loss NOT reduce the QBI?
I have a passive loss that is deferred. But TT is reducing my QBI deduction by this passive loss, even though I cannot take any of the passive loss this year. Shouldn't the deferred loss NOT reduce the QBI?
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.