renda000
Returning Member

Deductions & credits

Thanks Mike9241 for the comment, which is basically the same as the response from ChatGPT. The issue I am facing now is that the calculated QBI shown in line 1 in Form 8995 is much lower than my business net income in schedule C (about 100k less), and I cannot figure out how Turbobox derives it. The QBI component ws in Turbobox shows the QBI and UBAI. But, it does not show how the QBI and UBAI are calculated.