Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Mar 20, 2020 6:41:47 AM

Is Turbo Tax QBI deduction broken? Form 8995 and QBI deduction disappeared - I double checked my answers on the rental properties, and they are still checked yes as QBI

0 1 286
1 Replies
Intuit Alumni
Mar 20, 2020 12:39:13 PM

QBI for Rental Activities is only available if the Activities qualify as a trade or business, rather than as passive activities. 

 

For most individuals, this means they need to qualify as a real estate professional.

 

 

Here is a Help Article that explains more details:  QBI Deduction for Rentals?