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Brig
New Member

Where do i find the amount of capital gain for my QSB for the sale of my rental house already claimed on my fed return?

 
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1 Reply
Cindy0H
New Member

Where do i find the amount of capital gain for my QSB for the sale of my rental house already claimed on my fed return?

Your net capital gains from the sale of the rental on the QBI Complex worksheet line 34. That gain is subtracted from taxable income before qualified business deduction. It is also on the TurboTax QBI Summary near the bottom. 

IRS Pub (page 54):

https://www.irs.gov/pub/irs-pdf/p535.pdf

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