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I have a wife that has Sch. C income of $60K and her husband has a loss on his Sch. F of $65K. Do I have to combine these two for QBI Deduction?

cpa2244
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itonewbie
Level 15

Yes, §199A requires negative QBI to be netting against positive QBI with any balance carried over to a subsequent year.

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itonewbie
Level 15

Yes, §199A requires negative QBI to be netting against positive QBI with any balance carried over to a subsequent year.

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Still an AllStar
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