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2018 QBI Unallowed passive losses disappeared

Kathleen1
Level 4

Does anyone know why the 2018 QBI passive loss carryovers, which were carried from 2018 to 2019, disappeared when the client was aged to 2020 and 2021. The 2019 and 2020 QBI passive loss carryovers were carried to 2021, but not the 2018 losses.

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1 Comment 1
Kathleen1
Level 4

Has anyone else had this issue.  We only noticed it because of the new QBI Unallowed Passive Losses carryover that showed up on General Information in 2021.  When we tried to reconcile the number we realized the loss was not shown on the General Information carryovers in 2020.  The 2018 loss was on d/s 17 in 2019, but disappeared from d/s 17 in 2020 and 2021. So the carryover that is now showing up in General Information does not include the 2018 loss.

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