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@ travis3 wrote:
I made less than last year and definitely qualify for the QBI but it is not giving me the option or prompt. When searching for the deduction, I click "go to" and it doesn't take me to that business deduction at all. It isn't on that page.
I don't know if you use Online TurboTax or desktop software, but it's probably in a similar location. As I recall for me in the desktop software, the QBI questions come on a screen soon after all the Business Income and Expenses have been entered (if your activity is a business), and you continue on for a couple of screens.
Addendum:
If your business is rental/royalty property, the QBI questions for that activity are also asked on a screen after the Rental/Royalty Income and Expenses have been entered; i.e., when you continue forward after that, it should be encountered 2-3 screens after the Rental/Royalty Summary screen.
If you received income from a partnership, an S corporation, or a trust, you should have received a Schedule K1. The schedule will have a Section 199A Statement that will contain the information needed to calculate your QBI.
You'll need this to enter your information into TurboTax using the following steps:
If you have a Schedule C, the program will figure out your deduction and ask you the necessary questions as you enter your business information.
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