After deducting expenses, including an office at home, and carryover losses there is a loss for 2018. Are the provisions of the TJCA applicable or would filing be the same as 2017?
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20% times zero equals zero, so the return should look pretty much the same as last year ------------ ignoring the sporty postcard design.
20% times zero equals zero, so the return should look pretty much the same as last year ------------ ignoring the sporty postcard design.
But make sure you track that loss, and carry it to 2019 for future adjustment to QBI.
What are carryover losses?
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