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QBI marital deduction
getting only 150000 deduction for single filer but married. How to change single to married and get 300000 deduction
posted
July 9, 2021
1:11 PM
last updated
July 09, 2021
1:11 PM
2 Replies
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QBI marital deduction
Can you clarify exactly what you're trying to do please? The Qualified Business Income (QBI) deduction has nothing to do with one's marital or filing status.
July 9, 2021
3:31 PM
227
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QBI marital deduction
both the applicable threshold (taxable income limit) and the phase-in amounts are based on marital status. however, neither of these are $150K or $300K and Turbotax computes the applicable limits automatically based on your selected filing status.
July 9, 2021
5:12 PM
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