SherrillCPA
Level 2
05-09-2020
10:14 AM
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In computing the Qualified Business Income, the system computes the applicable self employed deductions connected to the business for 1/2 self employment tax and retirement deduction but does not include the self-employed health insurance deduction. This amount is entered on the K-1 but is not included on the QBI worksheet as a deduction. Per my understanding this is supposed to reduce the QBI. Anyone else experiencing this?
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