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Where does the qualified business deduction show up on the tax return? I don't see the deduction?

 
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3 Replies
MaryK4
Expert Alumni

Where does the qualified business deduction show up on the tax return? I don't see the deduction?

The qualified business income deduction is on Line 13 of the Form 1040.  If you do not see it, review your entries for the QBID/Form 8995.  If you did not go through the entire section, you may have missed a qualifying question.

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Where does the qualified business deduction show up on the tax return? I don't see the deduction?

Where in the Turbo Tax program does the QBID show up ?

JotikaT2
Employee Tax Expert

Where does the qualified business deduction show up on the tax return? I don't see the deduction?

Please see do I qualify for the qualified business income deduction for guidance on reaching the input section.  There is also a graphic at the bottom of the link which explains how the QBI deduction is calculated.

 

@Budman7226 

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