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Line 9 is the "Qualified Business Income (QBI) deduction". This new deduction applies to Schedule C filers (sole proprietorships and other self-employed businesses), LLCs, partnerships, S corporations, estates, and trusts. If you had any type of this income TurboTax automatically this calculates this deduction. Please see this FAQ for more information:
Line 9 is the "Qualified Business Income (QBI) deduction". This new deduction applies to Schedule C filers (sole proprietorships and other self-employed businesses), LLCs, partnerships, S corporations, estates, and trusts. If you had any type of this income TurboTax automatically this calculates this deduction. Please see this FAQ for more information:
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