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

My client has a net income of 11k from self. emp. as a limo driver. pro series did not calculate the 20% QBI. How do I figure that out?

pmcbain
Level 1
 
0 Cheers

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

1 Solution

Accepted Solutions
IRonMaN
Level 15

Did you click the yes box saying it is qualified on the schedule C worksheet?


Slava Ukraini!

View solution in original post

0 Cheers
2 Comments 2
IRonMaN
Level 15

Did you click the yes box saying it is qualified on the schedule C worksheet?


Slava Ukraini!
0 Cheers
Just-Lisa-Now-
Level 15
Level 15

Do you have taxable income?  The QBI wont reduce self employment taxes, and it wont compute If you have no income subject to income taxes.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers