How to enter QBI carryovers in ProConnect Tax

ProConnect Tax will automatically calculate and carryforward any unallowed QBI amounts to the following year, however, if you are entering a new return you may need to enter the carryover from the prior year.

Where you enter this depends on if it is a passive QBI carryover or if has already been allowed by the 8582:

For QBI loss carryovers that are still limited by passive activity limitations: 

1. Open the business activity screen that is associated with the QBI Loss:
   • For Partnership K-1s: Go to Input Return ⮕ Income ⮕ Passthrough K-1's ⮕ Partnership Info then click on the QBI tab along the top of the screen.
   • For S-Corporation K-1s: Go to Input Return ⮕ Income ⮕ Passthrough K-1's ⮕ S-Corp Info then click on the QBI tab along the top of the screen.
   • For Estate and Trust K-1s: Go to Input Return ⮕ Income ⮕ Passthrough K-1's ⮕ Estate or Trust Info then click on the Passive Carryovers tab along the top of the screen.
   • For Rental and Royalty Income: Go to Input Return ⮕ Income ⮕ Rental and Royalty Income, then click on the Passive Losses tab along the top of the screen.
   • For Farm Income: From the Input Return tab, go to Income ⮕ Farm Income, then click on the Passive Losses tab along the top of the screen.
2. Below, you will find either:
   • The section Prior Unallowed Qualified Business Income Deductions for Partnership and S-Corporation K-1s.
   • The section Prior Year Unallowed Passive Losses for Estate and Trust K-1s, Rental and Royalty Income, and Farm Income.
3. Enter the carryover amounts in the correct field:
   • For Partnership K-1s: ​2024​ QBI operating
   • For S-Corporation K-1s: 2024 QBI operating
   • For Estate and Trust K-1s: 2024 QBI unallowed passive loss
   • For Rental and Royalty Income: 2024 QBI Operating
   • For Farm Income: 2024 QBI Operating

For non-passive QBI carryovers and QBI losses that are no longer limited by passive activity limitation: