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Get your taxes done using TurboTax
Thank you so much. Sorry I was not very clear in my original message. We have $3000 QBI Deduction (20% of QBI) from our joint filing. Now we do married-file-separately. We now have $3000 QBI deduction in each of our return (total $6000). So we need to make some adjustment so that our total QBI deduction is still $3000 together, (not $3000 each) . There are two adjustment screens in Turbo tax, one for income adjustment, one for tax withheld adjustment. There isn't a dedicated adjustment screen for deductions.
So my question is in which one of the two adjustment screens I should adjust the QBI deduction. I am now doing it in the income adjustment screen (adjusting my wages, dividends, and deductions, altogether in one lump sum. )
I hope my way is the intended way by Turbotax.
Any thought?
Thank you all so much! Have fun doing tax. It really should be simplified. I cannot imagine most people will do it right every year!
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