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.
Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Basis limitaion for Schedule ? At risk limitation? Passive activity?
Basis limitaion for Schedule ? At risk limitation? Passive activity?
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.