https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-you-take-the-qualified-business-income-deduction-if-you-are-a-member-of-a-partnership-and/01/2831098#M271225 Mon, 23 Feb 2026 10:18:05 GMT danielle-51 2026-02-23T10:18:05Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-you-take-the-qualified-business-income-deduction-if-you-are-a-member-of-a-partnership-and/01/2831098#M271225 Mon, 23 Feb 2026 10:18:05 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-you-take-the-qualified-business-income-deduction-if-you-are-a-member-of-a-partnership-and/01/2831098#M271225 danielle-51 2026-02-23T10:18:05Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-can-you-take-the-qualified-business-income-deduction-if-you-are-a-member-of-a-partnership-and/01/2831140#M271230 <P><SPAN style="font-size:14px;">Yes, but the guaranteed payments are not considered Qualified Business Income. &nbsp;If your Schedule K-1 issued from the partnership identifies the partnership recorded Qualified Business Income, TurboTax will trigger the deduction from the information entered from the Statement A attached to your Schedule K-1.</SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">Please see </SPAN><A href="https://ttlc.intuit.com/community/credits-and-deductions/help/what-is-the-qualified-business-income-qbi-deduction/00/27455" target="_blank"><SPAN style="font-size:14px;">What is the Qualified Business Income (QBI) deduction?</SPAN></A><SPAN style="font-size:14px;"> for more information.</SPAN></P> Wed, 25 Jan 2023 00:05:24 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-can-you-take-the-qualified-business-income-deduction-if-you-are-a-member-of-a-partnership-and/01/2831140#M271230 AliciaP1 2023-01-25T00:05:24Z