TaxCTH2018
Returning Member

Get your taxes done using TurboTax

Hi Dmertz,

you quote:

"If you are self -employed, perhaps you do not have any QBI after subtracting the deductible portion of SE taxes, SE retirement contributions and the SE health insurance deduction."

 

I am a sole proprietor with less than 157k biz income and TT shows my 1040 as follows:

line 6:        66,862.

line 7:       39,598.

line 8:       29,013.

line 9:

line 10      10,585.

 

I am seeing NO entry in 1040 line 9 - I didnt realize the 199A deduction was limited by anything?

I enter 541519 (computer services) as my biz classification which should qualify for 199A?

Any suggestons and/or is there a worksheet or reference where i can manually double check this?

 

thx in advance