I have read A LOT of information about the QBI deduction, and it appears that TT is not calculating correctly. I have QBI income, and my taxable income is way less than the $329,800 mfj amount . I should not have to do the "apply W-2 wages and qualified property limitation" step, correct? I am quoting directly from a source "If your taxable income is less than these amounts, you don't have to take the limitation. You can take the straight 20% deduction." Am I misunderstanding something?
