This article will help you if you are working on tax returns in 2018 ProSeries and need clarification on QBI changes for that year.
Common articles and IRS resources:
- Tax Cuts and Jobs Act, Provision 11011 Section 199A - QBI Deduction FAQs - IRS Resource
- Entity Selection Calculator - Interactive Worksheet
- How to enter and calculate the qualified business income deduction, section 199A, in ProSeries
Common community discussions:
- QBI on K-1 from Form 1065 - which line will it go to on K-1?
- 199a. Can a shareholder of a restaurant 1120s-corp qualify for the QBI?
- We have notice in ProSeries that the QBI deduction is reduced by Adjustments to Income. Where is this in IRS rules?
- Safe Harbor Election for Rentals (250 hour rule)
- QBI and Self Employed Health Insurance
