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Business & farm
That is your Qualified Business Income Deduction (QBI deduction). TurboTax uses your current year calculated deduction (based on the identified QBI) less any loss carryforwards that would apply assuming 2022 income and expenses are the same as 2021. It is merely an estimate and, unless you know of a significant change happening to your business income for 2022, you don't need to adjust it.
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‎April 16, 2022
1:43 PM