topic QBI is not populating in the Online Self Employed version. Strictly Schedule C Self Employment income. in Business & farm

QBI is not populating in the Online Self Employed version. Strictly Schedule C Self Employment income.

devorjp — Thu, 18 Mar 2021 15:35:06 GMT

I purchased the software version as well and that allows the QBI calculation. Can I get a refund for the online version since I couldn't see that the QBI wasn't being calculated without seeing the tax forms after paying?

Re: QBI is not populating in the Online Self Employed version. Strictly Schedule C Self Employmen...

JeffreyR77 — Sun, 21 Mar 2021 22:55:13 GMT

TurboTax Self-Employed supports QBI calculations. You can preview the 1040 before paying for the software and see the QBI deduction on Line 13. There are no refunds of the on line software.

Re: QBI is not populating in the Online Self Employed version. Strictly Schedule C Self Employmen...

devorjp — Mon, 22 Mar 2021 03:01:15 GMT

It is not populating in the online version. I’m showing a schedule C profit and the QBI is not populating.

Re: QBI is not populating in the Online Self Employed version. Strictly Schedule C Self Employmen...

AmyC — Thu, 25 Mar 2021 00:14:31 GMT

You have to go through the QBI questions to be sure you qualify. Please return to your business:

Click edit /update
Edit
Business profile, income, expenses section shows
Click continue
Is this QBI?
Select Yes
Continue
Uncommon situations
Continue
Specified Service?
Yes or No
Continue
Common Ownership?
Yes or No
Continue
Part of combined business?
Independent
Continue
QBI tax break shows
Continue
Done