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February 21, 2020
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Where do I enter last year's QBI loss carryover (Line 3, Form 8995) into 2019 turbo tax? I have called turbotax 9x and everyone seems confused on QBI Carryover.

  • February 21, 2020
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Best answer by MAK70

Under Federal Taxes- Wages & Income look for Other Business Situations, Net Operating Loss/ QBI Carryforward Loss.  See Below.

 

1 reply

MAK70Answer
February 21, 2020

Under Federal Taxes- Wages & Income look for Other Business Situations, Net Operating Loss/ QBI Carryforward Loss.  See Below.

 

July 9, 2020

Does anyone know how to get this QBI screen to pop back up? I have a NOL carryforward and a QBI carryforward. When going through this sections the first time, I populated both. Later I wanted to see what the impact on my taxes were so I went back and set them to zero to see the tax change. Now when I go back and revisit that section, it lets me enter the NOL but when I hit continue it does not take me to the QBI screen. In the review process I'm getting an error now too because of it. I'm using it online so I'm not able to jump into the forms directly.

 

Thanks

DavidS127
July 10, 2020

The NOL and QBI carryforward loss section is at Income>>Less Common Business Situations>>Net Operating Loss/QBI Carryforward Loss.

 

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