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ch382000
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Why doesn't Home & Business deduct 20% off of my net qualified business income for 2018?

 
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Why doesn't Home & Business deduct 20% off of my net qualified business income for 2018?

The new 20% QBI deduction is available to Sch C filers and when the program is fully updated sometime late January at the earliest ... you will see the deduction happen automatically. 

The new section 199A deduction propagates from the QBI Deduction Summary to the 1040 Worksheet to Form 1040 line 9.

What is the new 20% QBI Deduction
https://ttlc.intuit.com/questions/4499030-what-is-this-new-20-business-deduction

Keep updating your program.

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1 Reply

Why doesn't Home & Business deduct 20% off of my net qualified business income for 2018?

The new 20% QBI deduction is available to Sch C filers and when the program is fully updated sometime late January at the earliest ... you will see the deduction happen automatically. 

The new section 199A deduction propagates from the QBI Deduction Summary to the 1040 Worksheet to Form 1040 line 9.

What is the new 20% QBI Deduction
https://ttlc.intuit.com/questions/4499030-what-is-this-new-20-business-deduction

Keep updating your program.
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