Why am I not receiving my QBI deduction this year?

Forum|Forum|1 year ago
February 17, 2025
1 reply
14 views

I drive for Uber, Lyft, and Doordash. Last year I qualified for a $521 QBI deduction, and this year I'm getting $0. I took advice from elsewhere on this forum to go to my "self employment income" tab, then hit "edit," then select Qualified Business Income under business summary. I answered the prompts, it says that I should qualify for QBI since I make under the threshold amount, but then when I go to my federal review, it still says that I don't get any QBI deduction. What gives?

AmyC

Level 15

Take a look at your actual tax forms. You must have positive net income from your work. Once you find the problem, you can fix it. You can reply with where you see the problem and we can help get it fixed.

Start with Form 8995 and see if something is incorrectly marked on that form.
Review your sch C form(s) to ensure the income and expenses are correct.
View the schedule 1 line 3 business income is showing correctly
QBI shows on line 13 of Form 1040.

To print or view your forms:

In desktop, switch to Forms Mode.
For online:
1. On the left side, select Tax Tools
2. Select Print center
3. Select Print, save or preview this year's return
4. If you have not paid, select pay now.

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