skyworks
Level 5

Hi,

I grouped SchE rental properties into 3 entities group and did QBI elections for each. The net of Sch E is a loss.

(all of the properties were having losses, except one has net income)  

I do not see the loss were taken to 1040 and being deducted.

I have overrided on rental property entry worksheet  indicate that "Business is a qualified trade or business".  Do  I need to do anything else in order to have QB loss deducted?

I could not locate any QBI worksheet where I hope can see the calculation.

I remember I seen in 2018 return, is this changed?

 

0 Cheers