To compute the Qualified Business Income Deduction for rental property, follow these steps.
- At the screen Review your xxx rental summary, click Done with rental property.
- At the screen Any other situations, click Continue.
- At the screen Your profit and loss results so far, click Continue.
- At the screen Is this Qualified Business Income, click Yes.
- Continue through several screens.
- At the screen Great news! You get a tax break. you see the amount of your QBI deduction.
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