HoriTT,
I can only suggest that you conduct a thorough research and also be mindful as to the source. While each taxpayers situation is different the tax code is not.
If you are relying on Section 162 possibly you are a realtor or other real estate professional to support your continuous activity. And yes, anytime you make an income tax decision based on a particular section of the tax code you should be prepared to provide evidence. This evidence obviously is not furnished along with your tax return however if you become subject to an audit you’ll need to provide this. This would include keeping logs and other records to support your claim. Are you suggesting that taxpayers should only retroactively prepare such evidence upon an audit?
Also, if you’re using a management company surely this will reduce your involvement.
Regardless as to differing opinions there should be no reason as to why TurboTax cannot be updated as it has been in past years. Taxpayers should not be put in this situation where they have to decide on risking their QBI deduction just so they can e-file.
