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Deductions & credits
I am yet another person seeing this limit to my QBI (below the 20% allowed deduction), based on a "net of capital gain" that simply does not exist. I strongly suspect this is a software glitch taht Turbotax NEEDS TO ADDRESS. (For example, I other softwares, such as HR Block, are allowing the full 20% QBI given the SAME INPUT INFORMATION.)
March 9, 2022
11:26 AM