mdavolio
Employee
Employee

Yes, in ProSeries you would check the box saying that the activity is a trade or business and the software automatically runs the QBI computations automatically.

The QBI deduction is limited to 20% of Taxable Income (before the QBID), so that may be the reason these taxpayers are not receiving the deduction.  You can check the QBI worksheet to see the computation.

Thank you,

Mike D'Avolio, Intuit

 

 

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