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Do you have other income like from a K-1? It can come from other things. See this FAQ
What is the 20% QBI Deduction and how it's calculated
It depends. To clarify, did you have any other income such as K1 income or rental income?
No, not at all. I'm a disabled veteran. The year prior, however, I had self employment income, since I worked in life insurance. I did not apply any W-2s to this year's income tax statements, being that I don't have any.
No, I don't have a K-1 either. Thanks for the link. I reviewed it and do not see anything that would apply to the 2021 tax year
It's probably the old Sch C that transferred over ... if you did not say it was closed in 2020 then it was transferred forward so now you need to remove it.
FAQ: How do I delete a prior-year Schedule C business that transferred over?
Don't delete your business if it closed sometime in 2021. Instead, report the business and make sure you select I sold (or disposed of) my business in 2021 on the Tell us about your business screen.
Otherwise, follow these instructions to delete a business that transferred over from your 2020 return but is no longer owned by you as of January 1, 2021.
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