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Level 1
December 7, 2019
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199A deduction. What effect does a Capital LOSS ($3,000) have on the calculation? Lacerte worksheet ignores the loss. Is this correct?

  • December 7, 2019
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Best answer by itonewbie

Capital loss is specifically excluded as a QBI item.

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itonewbie
itonewbieAnswer
Level 15
December 7, 2019

Capital loss is specifically excluded as a QBI item.

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