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Get your taxes done using TurboTax
Alicia, Thanks again for answering my questions. I read through some of the Form 1065 Instructions after downloading it from the IRS website. I read that capital gains are not eligible for QBI deduction (flowchart on pg 49). That is the only gain included on the Statement A. It's on the Section 1231 gain (loss) line. And our only other gain/loss was a rental income loss, so it seems to me that I have no QBI eligible deductions. Am I right? This is starting to feel like a TT glitch. I just need to clear it so my return will be filed without issues. Thanks,
Joe C.
‎April 5, 2022
7:13 AM