DawnC
Expert Alumni

Get your taxes done using TurboTax

TurboTax is going to ask the relevant questions to ensure you get the QBI deduction if your business qualifies for it.   The industry code won't automatically qualify or disqualify you from the deduction.    When I entered 541611, I did not get a message and the code stuck throughout the filing.   Were you able to use the code in TurboTax?  @n8r 

 

 

 

The code in the original question, 454110 is not being used by TurboTax.  This industry is being updated to eliminate the distinction between the physical store and online store given the increasing prevalence of internet usage and generic method of delivery for goods and services, and instead distinguish between retailers specialized by broad product lines.   So, if you enter this code, TurboTax will change it to a generic code - but you can edit it.   

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