- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
coaching appears to be a Specified Service Trade or Business which depending on your taxable income the QBI could be zero.
***********************************************
there is a question for the SMLLC as reported on schedule C - is this a qualified trade or business under 199A - you need to answer yes and later check the box SSTB
********************************
the computation of the QBI deduction for each schedule C is a little complicated. first there is the Schedule C net income
then that must be reduced by the following
1/2 the SE tax
self-employed health insurance
retirement plan contribution
possibly other expenses
*************************************
if you can view the forms - all calculation worksheets there should be a QBI Component worksheet for each
*******************
since we can't see your return if the issue isn't resolved then contact support which you can allow to review your return to determine what the issue is.