I am having the same problem with my 2024 tax return on turbotax. I have not even gotten to the part where I have entered any capital gains or dividends. The first thing is entering business income and expenses. My net income is $84,000 and I'm getting the limit of 20% of taxable income less capital gains. How can this be? My deduction is going from the $16,800 down to $10,400 with no investment income recorded ANYWHERE in turbotax. This is a fairly sizeable reduction. Do I need to alter my forms manually to remove this limitation?
