JeffCPA
Level 4
12-07-2019
03:07 AM
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In 2017 and earlier years, my client had net positive income on Schedule C, and would have a net loss, negative income on Schedule F. The negative loss on Schedule F would be applied against the positive income on Schedule C, to reduce the overall net income. That is not happening this year. Why is that. When I look at the worksheets etc. for Schedule F, the loss is being suspended, but yet for QBI income purposes the loss is a negative number. This is very odd. What is going on here.
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