jensen607
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 2
		
	
				
		
	
		
			
    
	
		
		
		03-04-2021
	
		
		06:59 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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			itonewbie
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 15
		
	
				
		
	
		
			
    
	
		
		
		03-04-2021
	
		
		08:31 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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- Go to the screen that reports that particular business' income;
- Click on the Less Common Scenario tab;
- Scroll down to the Prior Year Unallowed Passive Losses section; and
- Enter the relevant details under QBI.
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Still an AllStar
			
			
				
			
			
			
			
			
			
		Still an AllStar
			Level 4
		
	
				
		
	
		
			
    
	
		
		
		09-21-2023
	
		
		02:16 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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The other answer explained what to do if the QBI carryforward was from passive income, but there can also be QBI carryforward because the business had a NOL the previous year.
In that case, it goes on Income -> Net Operating Loss -> Federal Net Operating Loss -> Qualified Business Loss Carryovers -> Qualified business loss carryover.
			
		
			
	
	
			
				
		
		
			George4Tacks
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 15
		
	
				
		
	
		
			
    
	
		
		
		09-21-2023
	
		
		04:44 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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For 1040 look at Net Operating Loss > Federal Net Operating Loss and scroll to the last set of 3 entries.
Answers are easy. Questions are hard!