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Btemp
Level 1
08-08-2022
11:38 PM
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I cannot get the new Intuit Tax Advisor to calculate QBI. Any thoughts?
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Intuit_Marisol
Employee
08-09-2022
03:34 PM
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Thank you for using the community, and welcome!
We tested and QBI is calculating on our side. To view:
In ITA under the header Pre Strategy Baseline
Scroll down to Business Income, click on the Activity Example: "Schedule C", it is a blue clickable link.
You can increase or decrease Gross Receipts, this will calculate QBI, You can also click on the Activity to add additional items allocable to QBI
Then click on the top click on Review Plan and scroll down to the section: Qualified business income deduction towards the bottom to review. the amount for QBI will be calculated there.
Btemp
Level 1
08-09-2022
03:36 PM
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Have you tried testing this under an S-Corporation rather than a schedule C business?
