Why does the QBI adjustment show as a above the line deduction (line 9) vs a below the line credit? I understood it was supposed to be a credit.

posted

Connect with an expert

1 Best answer

Accepted Solutions

Why does the QBI adjustment show as a above the line deduction (line 9) vs a below the line credit? I understood it was supposed to be a credit.

It's a tax deduction, not a tax credit.

View solution in original post

1 Reply

Why does the QBI adjustment show as a above the line deduction (line 9) vs a below the line credit? I understood it was supposed to be a credit.

It's a tax deduction, not a tax credit.

Still have questions?