My QBI is being calculated by combining Sch E income and all Sch C income and loss. Is this correct? Also my Schedule E is land rental. Is this allowed?

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My QBI is being calculated by combining Sch E income and all Sch C income and loss. Is this correct? Also my Schedule E is land rental. Is this allowed?

No, land rental is specifically excluded from being QBI (Qualified Business Income).

You need to revisit the Rental Income and Expenses section, edit your rental property, then click Done or Continue without making any changes. The QBI question should come up as you leave that section where you can indicate that the rental is not QBI.

It is expected that all QBI reported on the return is combined together to calculate the QBI deduction.

To learn more, see the information below.

https://ttlc.intuit.com/replies/7122193

https://ttlc.intuit.com/replies/7019998

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My QBI is being calculated by combining Sch E income and all Sch C income and loss. Is this correct? Also my Schedule E is land rental. Is this allowed?

No, land rental is specifically excluded from being QBI (Qualified Business Income).

You need to revisit the Rental Income and Expenses section, edit your rental property, then click Done or Continue without making any changes. The QBI question should come up as you leave that section where you can indicate that the rental is not QBI.

It is expected that all QBI reported on the return is combined together to calculate the QBI deduction.

To learn more, see the information below.

https://ttlc.intuit.com/replies/7122193

https://ttlc.intuit.com/replies/7019998

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