- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Vanessa, thanks for the prompt reply, but here's the reason for the confusion. I had reported those two businesses as QIB while awaiting a reply. Just now when I reversed that, TTH/B gives this message: "OK, since this business was operated outside the United States, or this business was entirely income from a previous employer for work that was the same as what you did as an employee, we won't include this business when calculating the QBI deduction." Neither of those conditions is true. Is that message a TT error? That statement is why I was confused in the first place. Just trying to verify. Also, the amount of the bank director fee does not show up as "Income from Form 1099-MISC" like it did last year. That's a TT problem caused by my first listing them as QIBs that was not changed when I reversed that, right?
‎June 1, 2019
1:00 AM