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Get your taxes done using TurboTax
Right - also the SEP contribution is deducted. The amount of this deduction can also be found on Schedule 1 (and is transferred over to 1040). Took me some 4 hours on the phone with different Turbotax people to figure this out; they should be better trained. I am using Turbotax Online and did print out all the forms. The QBI Smart Worksheet was buried in the back and missed it at first.
March 7, 2021
8:39 AM