[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-9795":3},{"rec_id":4,"title":5,"text":6},"9795","How are passive losses on a K-1 treated for qualified business income (QBI)?","Your QBI for 2025 only includes passive losses that are allowed for 2025. Your \u003Ci>K-1\u003C/i> can have losses that aren't allowed on your 2025 tax return and need to be carried forward to a future year. \r\n\u003Cbr>\u003Cbr>\r\nFor example, you have a \u003Ci>K-1\u003C/i> reporting a net rental real estate loss of -$5,000 and, your \u003Ci>K-1\u003C/i> statement shows QBI of -$5,000. On your tax return your $5,000 loss ends up being a passive loss that's not allowed. Your QBI for 2025 is $0 and your $5,000 loss is carried forward until you have passive income to allow the loss to be recognized.",1777391491389]