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Level 1
June 1, 2019
Question

I have never received QBI deduction. Why now for 2018? Tax History Report Five Year an exemption amount for last five years. In 2018 zero in exemption amount column.

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1 reply

KrisD15
Alumni - Intuit
June 1, 2019

Maybe because the Tax Cuts and Jobs Act enacted last year changed the tax code dramatically. 

Personal exemptions are eliminated. 

https://turbotax.intuit.com/tax-reform/

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