getting only 150000 deduction for single filer but married. How to change single to married and get 300000 deduction
You'll need to sign in or create an account to connect with an expert.
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.
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
emuehle
Level 2
snoopy77
New Member
gabbered
New Member
BC72
New Member
Ed-tax2024
New Member