I input more expanse on my rental (@Texas) property, but the Federal TAX is increasing. How?

yssun — Mon, 10 Mar 2025 01:03:41 GMT

Re: I input more expanse on my rental (@Texas) property, but the Federal TAX is increasing. How?

AnnetteB6 — Mon, 10 Mar 2025 12:12:13 GMT

If your rental property is qualified for the QBI (Qualified Business Income) deduction, then as you enter expenses to reduce your rental income, the QBI deduction is also being reduced. This means that any balance due would be increasing due to the reduction of the QBI deduction since your taxable income is increasing as the QBI deduction gets smaller.

topic I input more expanse on my rental (@Texas) property, but the Federal TAX is increasing. How? in Retirement tax questions

I input more expanse on my rental (@Texas) property, but the Federal TAX is increasing. How?

Re: I input more expanse on my rental (@Texas) property, but the Federal TAX is increasing. How?