Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How do you get QBI income to pick up other income? I entered a 1099 in other income and checked self employment income but Lacerte isn't picking it up for QBI.

taxlady2008
Level 3
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
TaxMonkey
Level 8

Everyone gave you the correct answer already, but just to clarify.  QBI = qualified business income.  Business income is reported on a schedule C, not on line 21.  You see where this is going right?  There is no way to include line 21 income as QBI.

View solution in original post

0 Cheers
3 Comments 3
TaxGuyBill
Level 15
If is subject to SE tax, it belongs on a Schedule C.  So put it on Schedule C.
0 Cheers
George4Tacks
Level 15
:+1::+1:

Here's wishing you many Happy Returns
0 Cheers
TaxMonkey
Level 8

Everyone gave you the correct answer already, but just to clarify.  QBI = qualified business income.  Business income is reported on a schedule C, not on line 21.  You see where this is going right?  There is no way to include line 21 income as QBI.

0 Cheers