Tax Pro Community

Community Activity

Schedule F - QBID Calculation? How? by dbtax65 New Member in Discussions Friday 0 6	0	6
Dummy client with business profit. i had to manually enter the profit in screen 16 to get the QBI credit. schedule c profit should automatically infer a QBI credit? by tomnorthrop New Member in Discussions Friday 0 4	0	4
IS THERE A LINK ON THE 2018 SCHEDULE K-1 S CORP TO THE SECTION 199A QBI DEDUCTION by 25dglenncpa New Member in Discussions Friday 0 13	0	13
WHY IS INCOME NOT FLOWING THROUGH TO QBI WORKSHEET? by kpakosta New Member in Discussions Friday 0 10	0	10
When will ProSeries Fixed Asset Manager 2017 be updated for the 2017 tax reform law? by it New Member in Discussions Friday 0 9	0	9
When will updates be available for tax reform changes? (i.e. mortgage ins.premium deduction and energy credit) by baertax New Member in Discussions Friday 0 2	0	2
How do I designate Interest on Schedule A that is home equity interest not deductible for 2018 so that it is reflected in the "Tax Reform Impact Summary"? by MLPF New Member in Discussions Friday 0 12	0	12
Had 3 different SE clients come in telling me they need to become an LLC in order to take advantage of the 2018 tax reform QBI deduction by Just-Lisa-Now- New Member in Discussions Friday 0 16	0	16
Does income received from renting out a room in a personal residence qualify for a QBI deduction? by meinfeldt New Member in Discussions a week ago 0 12	0	12
Schedule E rental real estate and QBI by Susan New Member in Discussions a week ago 1 0	1	0
When will PTO issue/release its Tax Planner? Whats new - states it should be out early 2018. Anyone have any news? by gstocker New Member in Discussions a week ago 0 2	0	2
When will the "Tax Planner" include the Flow Thru business deduction calculation (199A)? by mckinleyconsulti New Member in Discussions a week ago 0 1	0	1
Is the 2017 tax planner updated for the 2017 tax law changes? Do I need to toggle something in the program to get it to use the 2018 rates? by ddawson New Member in Discussions a week ago 0 1	0	1
The Lacerte Tax Planner is limiting my 20% Qual Bus Ded saying the standard ded is greater and therefore only giving me the standard deduction. Aren't these unrelated? by wcoleycpa New Member in Discussions a week ago 0 2	0	2
20% business income deduction IRC §199A: When will 2017 tax planner be updated to reflect? I called at the beginning of February and they said by 2/6/18. Not there yet. by Stevie-Stevenson New Member in Discussions a week ago 0 1	0	1
The 2018 estimated tax worksheet in Lacerte doesn't appear to be taking the new QBI deduction into account? by Robert524 New Member in Discussions a week ago 0 3	0	3
Physician schedule c with no wages. Is there a deduction for the QBI by BLEROY New Member in Discussions a week ago 0 0	0	0
Example in webinar on estimating 2018 tax was wrong. Medical practice had $180K qual bus inc and no wages, Conclusion was QBI ded of 20% of 180k or $36K. S/b $0, agreed? by ronyoung New Member in Discussions a week ago 0 6	0	6
If QBI deduction isn't taken into account in computing estimated tax payments for 2018 would be on high side and shouldn't end up in penalty situation as result, correct? by BWACPA New Member in Discussions a week ago 0 11	0	11
When will the Tax Planner calculate the 20% Business Deduction QBID as per 2018 Law? by radhikajonnavith New Member in Discussions a week ago 0 3	0	3
Does a Schedule E rental property qualify for the QBI deduction? Does an LLC holding rental property qualify for QBI deduction? by knorris New Member in Discussions a week ago 0 3	0	3
The next release date is 12/12/2018. Will we need to wait until then to see the impact of QBI on the return? by LQCMpls New Member in Discussions a week ago 0 9	0	9
Is the QBID deduction working on the 2018 tax program yet? by dbtax65 New Member in Discussions a week ago 0 5	0	5
Do you have an expected release date for the QBI deduction? by dougn New Member in Discussions a week ago 0 9	0	9
THE QBI DEDUCTION DOES NOT CALCULATE ON MY 1120S K-1 WORKSHEET. I USED $100,000 OF BUSINESS INCOME AND $48,000 OF WAGES. I MUST BE MISSING SOMETHING. by kevin72966 New Member in Discussions a week ago 0 7	0	7
QBID info from S corp wkst not linking to QBI component wkst by sariscpa New Member in Discussions a week ago 0 2	0	2
Why does self-rental income from a partnership not flow through to the QBI deduction where MFJ income is less than $315,000? by goose406 New Member in Discussions a week ago 0 3	0	3
What release of Lacerte will include a QBI deduction calc worksheets that can be printed and evaluated? by JPrice New Member in Discussions a week ago 0 4	0	4
Is QBI flowing from Sch. E equal the total loss or the loss limited by income over $150K? Does QBI include Form 4797 sale of rental property? by Greta New Member in Discussions a week ago 0 2	0	2
Are the QBI worksheets functional in the Quickstart? by Don New Member in Discussions a week ago 0 1	0	1
How do I link sub s k1 section D QBI to QBI component worksheet by creating link in section D but do not get an amount on Item 3 on QBI worksheet? by mobriancpa New Member in Discussions a week ago 0 8	0	8
Sch c income doesnt link with QBI worksheet by rmdukat New Member in Discussions a week ago 0 8	0	8
How do I transfer Schedule F income to the QBI deduction? by sstewart New Member in Discussions a week ago 0 1	0	1
Is there a seminar by lacerte that will help in where to put inforamtion on business entities to generate the qbi deduction by nrosenbaum New Member in Discussions a week ago 0 1	0	1
Looking at the new 2018 program and see how the new QBI deduction flows from the Schedule C. How does it flow from a Schedule F. by kennyship New Member in Discussions a week ago 0 2	0	2
Will future updates capture qualified property for purposes of the 2.5% QBI limitation calculation? by Robert524 New Member in Discussions a week ago 0 1	0	1
Will Proseries be able to calculate QBI? I do not want to be using the calculator everytime I prepare a tax return by dtorrescpa New Member in Discussions a week ago 0 2	0	2
Are the ProSeries 2018 QBI Worksheets working for anybody? by timmurray New Member in Discussions a week ago 0 6	0	6
Are the QBI forms working properly because qualified income is not flowing from K-1 and calculating the deduction. by PAT13CPA New Member in Discussions a week ago 0 2	0	2
Does the 2017 Lacerte Tax Planner calculate individual tax projection with the new rules 2018 tax reform? by AL04 New Member in Discussions a week ago 0 1	0	1
Medical Schedule A - when is Intuit going to change medical expenses exceeding 10% to reflect the Tax Reform 7.5% for tax years 2017 and 218? by nascarxxiv New Member in Discussions a week ago 0 4	0	4
ProSeries Webinar training includes several items relating to Tax Reform and the Tax Cuts and Jobs Act. This may be helpful to many concerned with this legislation by Ashley-at-Intuit--aka-Henry-Jr- New Member in Discussions a week ago 0 10	0	10
Tax reform impact summary by rmeasercpa New Member in Discussions a week ago 0 5	0	5
Tax reform impact summary report: Where does the 20% reduction for Schedule C goes at the bottom of which screen? by amyersea New Member in Discussions a week ago 0 1	0	1
Auto print tax reform impact summary by bob2 New Member in Discussions a week ago 0 1	0	1
Where to input the tax reform's new section 965 deemed repatriation provision? by rebecca1965 New Member in Discussions a week ago 0 1	0	1
Tax Reform Impact and Other Credits by kathy New Member in Discussions a week ago 0 0	0	0
How do I make changes to the tax reform impact summary worksheet? by Jeannie1213 New Member in Discussions a week ago 0 1	0	1
How do I get into the Tax Reform Boot Camp? by deetaxea New Member in Discussions a week ago 0 1	0	1
Are capital gains from the sale of an S -Corp assets included in the definition of "qualified business income" for the new section 199A deduction? by jesdq1 New Member in Discussions a week ago 0 2	0	2
Where does the 199A 20 % flow through deduction show on the Tax Planner? by sallyruxton New Member in Discussions a week ago 0 7	0	7
QBI (§199A) Regulations are out by sjrcpa New Member in Discussions a week ago 0 16	0	16
199A Proposed Regs by rbynaker New Member in Discussions a week ago 0 15	0	15
Questions on section 199A small business decution what can we expect from proseries if it will have the caluculations programed in to the system by surprise New Member in Discussions a week ago 0 3	0	3
Is Sec199 deduction available to C Corps with passive income (Interest/Dividends)? by Leo New Member in Discussions a week ago 0 2	0	2
How is the tax planner calculating 199a deduction when over the income threshold? by jason-grunewald New Member in Discussions a week ago 0 2	0	2
How is the un-adjusted basis of property calculated for Section 199 pass through , is and what property ? by rgtaxes New Member in Discussions a week ago 0 5	0	5
Is Lacerte 2018 for business tax returns going to calculate the Qualified Property for section 199A.Or is this something we are going to have to track outside of Lacerte? by jprince New Member in Discussions a week ago 0 2	0	2
Where to report information for claiming Sec 199A deduction for a fiscal year ended S-Corp of 10/31/18? by jewbak New Member in Discussions a week ago 0 3	0	3
199A (20%) DEDUCTION by Jim-from-Ohio New Member in Discussions a week ago 0 9	0	9

Leaderboard

Top Kudoed Authors

User

Count