Cynthiad66
Expert Alumni

Self employed

@sdarden - Sounds like you are saying that you are receiving the QBI deduction but not your wife..  Also sounds like she is entitled and you are not.  This can all be due to how you entered the Form 1099NEC.  You will need to ensure that it is entered as Spouse income if you have that option.  Also, if you are filing a joint return, the deduction is computed on the total income on the return and the deduction is applied to the income for the business.

 

The QBI deduction is calculated automatically by TurboTax on your return. Therefore, once you enter in your Schedule C, E, or F, 1099-DIV information and answer a few questions related to the business income, TurboTax will calculate the QBI deduction

 

The qualified business income deduction (QBI) is a tax deduction that allows eligible self-employed and small-business owners to deduct up to 20% of their qualified business income on their taxes. In general, total taxable income in 2021 must be under $164,900 for single filers or $329,800 for joint filers to qualify.

 

 

 

 

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