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Can QBI Deduction Carry Forward?

JSeymour
Level 1

If the QBI deduction is not used in 2018 because the taxpayer has no taxable income, can it be carried forward to the next year?

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Intuit_Devin
Employee
Employee

Unfortunately, no. Section 199A has no carryover provision for the deduction, so it's use it or lose it.

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1 Comment 1
Intuit_Devin
Employee
Employee

Unfortunately, no. Section 199A has no carryover provision for the deduction, so it's use it or lose it.

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