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New Member
posted Jun 3, 2019 4:18:35 PM

QBI -- why is TurboTax not including all my Schedule C Net Income as QBI income?

0 3 998
3 Replies
Intuit Alumni
Jun 3, 2019 4:18:36 PM

There is a known bug affecting the calculation of the QBI deduction. It is supposed to be fixed by March 22. See the FAQ at the following link for more details. https://ttlc.intuit.com/replies/7300401

Level 1
Mar 28, 2021 6:19:14 AM

March 28 and no fix to this bug. Any suggestions, TurboTax? 

Level 1
Mar 28, 2021 8:04:50 AM

Thanks to some very patient help from TurboTax advisor Aaron, sorted this out: maximizing SEP means no funds left for QBI. TurboTax was correct.