MH74
Level 1

Hi Everyone - I have a client that has Qualified Business Losses carried forward from a Final Schedule C business in 2019.  There was no QBI from any other businesses in 2020.  My understanding is that the QB Losses carry forward indefinitely.  I know where to enter the QB Loss carried forward under NOL -> Fed NOL -> Cur.Yr NOL/Misc. -> Qualified business loss carryover.  However, when I enter the information here, Form 8995 does not generate and neither does the loss show up as a carryover to 2021 under the General Information page.  If I continue to report the closed Schedule C with no activity to get the Form 8995 to print, then I get a Critical Diagnostic that there is no activity and it should not be included with the return.

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