Hal_Al
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Get your taxes done using TurboTax

After entering all your "business"  income and expenses, you will reach a screen titled "Is this qualified business income?" Check "No, none of this work is qualified". TurboTax will, usually, have pre-checked yes. But, you are allowed to change it to No. 

 

What is the source of this income and why does your CPA say it's not qualified?  Most for profit activity, involving work, is qualified.  

 

If you have a form 1099-Div, with an amount in box 5, TT will treat that amount as QBI (qualified business income) and it usually is qualified.

View solution in original post