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Why isn't my qualified business income being calculated on Turbotax this year?
I have two sole proprietorships - online teaching and an Etsy/Ebay business. In the years past, Turbotax asked the question about being a qualified business. This is pretty important! This year it didn't. It's telling me I need to go to forms and fill out form 8895? And do all the calculations manually?? I thought that was the point of Turbotax! There is no way I'm calculating this, so I'm just going to lose my tax break I guess. I am really disappointed- - after years of using TT, I guess next year I'll try a different software.
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‎April 15, 2021
3:51 AM