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Deductions & credits
It may be that you have business losses in the current or previous years that are preventing you from qualifying for the qualified business income (QBI) deduction. You have to have net business income to qualify. You may have losses from other businesses or a carryover of an unused loss from a previous year that is preventing you from having a positive QBI for the current year.
Once you pay for your TurboTax program, you can look on form 8995 to see how your QBI deduction is calculated.
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‎April 11, 2022
3:15 PM