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On our Qualified Business Income Deduction simplified worksheet, why is our line 11 "income" less than the sum of our line 2 QBI when they total less than $315,000?

 
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dmertz
Level 15

On our Qualified Business Income Deduction simplified worksheet, why is our line 11 "income" less than the sum of our line 2 QBI when they total less than $315,000?

Line 11 of the Qualified Business Income Deduction Simplified Worksheet is AGI minus your standard or itemized deductions.  It comes from the line immediately beneath line 8 on TurboTax's 1040 Worksheet.

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dmertz
Level 15

On our Qualified Business Income Deduction simplified worksheet, why is our line 11 "income" less than the sum of our line 2 QBI when they total less than $315,000?

Line 11 of the Qualified Business Income Deduction Simplified Worksheet is AGI minus your standard or itemized deductions.  It comes from the line immediately beneath line 8 on TurboTax's 1040 Worksheet.

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