You'll need to sign in or create an account to connect with an expert.
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:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
danielkbalzer
Level 2
25ladyjasper
New Member
tjdesign
New Member
salichtman
New Member
rwilsond
Level 3