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Buddy95
Returning Member

Qualified Business Income - Schedule F

I have Schedule F income - last year I got a QBI deduction - this year (2021 taxes) it is not showing up as a credit on my return despite showing a profit on Schedule F.  Why not?

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2 Replies
AliciaP1
Expert Alumni

Qualified Business Income - Schedule F

You may not have completed the questions TurboTax uses to determine your Qualified Business Income.  To verify your answers you can follow these steps:

  1. Within your tax return click on Income & Expenses at the top of the screen
  2. Click Edit/Add for your self-employment income
  3. Click Edit for the line of work
  4. On the Here's your info screen scroll down to Qualified Business Income and click Details
  5. Proceed through and answer all the questions
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Buddy95
Returning Member

Qualified Business Income - Schedule F

Hi Alicia - I found out why no QBI this year - taxable income this year is $0, whereas it was positive last year.  Thank you

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