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QBI

Wrtcpa1
Level 1

2021 is having issues. Amending a 2021 1040. The QBI is being limited out to zero 737,782. From what I have read it should still be available. Please comment.

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3 Comments 3
Just-Lisa-Now-
Level 15
Level 15

not sure what that 737,782 means in your sentence, but you'll need to follow the money on the 8995A and see why its limiting it.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
PATAX
Level 15

Pro Series does a good job on qbi. Double check all numbers and calculations. Reread the rules.

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TaxMonkey
Level 8

Sounds like their income is too high for QB.  Is this a SSTB? Do they have wages or property that may allow a deduction?

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