- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
You report your business expenses.
The program computes the Qualified Business Deduction.
You don't choose between the two, they are not options, they are separate deductions.
After you enter your expenses/business deductions the program figures the 20% that is the Qualified Business Deduction (QBI).
You are not allowed to NOT report expenses in order to boost the QBI.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 11, 2020
12:28 PM