Yes. QBI is part of 2018 TCJA. It is based on the profit of your Schedule C.
Q4.
What is qualified business income (QBI)?
A4. QBI is the
net amount of qualified items of income, gain, deduction and loss from any
qualified trade or business. Only items included in taxable income are counted.
In addition, the items must be effectively connected with a U.S. trade or
business. Items such as capital gains and losses, certain dividends and
interest income are excluded.
