mary ann
Level 2
04-13-2022
09:57 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
When I do that, nothing populates in form 8995. Maybe because there are no business activities in the return?
Do you agree that this prior year QBI loss should carryforward indefinitely until offsetting other QBI income? The activity generating the QBI loss ended in 2020. It's unlikely that the client will have other QBI businesses in the future. But I want to carryforward the QBI loss if required.
I do appreciate your input especially during this very busy time.