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Get your taxes done using TurboTax
I would think my refund would/should go up as expenses increase. It is the opposite. As I increase expenses, refund goes down, when I test it by increasing rental INCOME the refund goes up. I get that QBI is based on net income of qualified businesses, but is only 20% of the income, not more than 100%.
March 28, 2022
2:26 PM