- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
After you have entered all your income & expenses for Real Estate, then it should take you to a page saying "Do you want to use a safe harbor to qualify this property for a deduction?" Under this page, you should see three options to select. One of them is safe harbor. Do not select that. For me, I select None of these apply. Then you will hit continue.
On the next page, you should see "Is this Qualified Business Income?", along with two options to choose. I chose Yes, this income is QBI. Then you hit continue.
The following page should say "Let's cover some uncommon situations", along with three options to choose. I skipped this because it is not applicable to me.
The next page should be "Does this business receive income from specified services?" You would choose Yes, or No on this page.
The next page should be "Does this business receive income from specified services business with common ownership?" Answer either Yes or No.
The last page should be a summary of your QBI savings. You should be able to E-file after this.