skyworks
Level 7
06-18-2020
09:59 AM
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Hi,
I grouped SchE rental properties into 3 entities group and did QBI elections for each. The net of Sch E is a loss.
(all of the properties were having losses, except one has net income)
I do not see the loss were taken to 1040 and being deducted.
I have overrided on rental property entry worksheet indicate that "Business is a qualified trade or business". Do I need to do anything else in order to have QB loss deducted?
I could not locate any QBI worksheet where I hope can see the calculation.
I remember I seen in 2018 return, is this changed?
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