Well Thomas, I was able to get to the bottom of this.
My law firm income qualifies as QBI. My income is under the threshold. I didn't do a K-1. I filled out all of the step by step questions appropriately and did them several times just to make sure. Nevertheless, TT kept giving me 0 for total QBI.
I opened Schedule C and saw that TT must be programmed wrong because it did a calculation causing the wrong information to be populated in the QBI Deduction Smart Worksheet. It took my correct net income, subtracted my deduction for self-employment tax in 5b, and inserted the difference into 5a as the cost of my self-insured health insurance! Bizarre. So, of course the net profit after all deductions was zero, yielding no QBI deduction. I had to go in and manually insert my correct self-insured health insurance amount.
Honestly, this is the third BIG mistake I have had to wrestle with in TT Premier this year. I'll think twice before buying TT again next year.
