turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Changing QBI Safe Harbor profile

Two of 10 rental properties do not have a QBI page entry question, guessing my error started last year or a previous. I want the QBI deduction for these properties and they DO QUALIFY. But I can't seem to be able to "get inside" my tax return to correct whatever error I made. HELP!!!

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MaryK4
Expert Alumni

Changing QBI Safe Harbor profile

Follow these steps to find the QBI questions for your properties:
 

  1. Navigate to the Summary: Go to Federal > Wages & Income > Rental Properties and Royalties (Sch E).
  2. On the Rental and Royalty Summary page, click Edit next to one of the properties missing the QBI entry.
  3. Do not look for a QBI button on the main property info page. Instead, scroll to the very bottom and click Done with Rental Property.
  4. After clicking "Done," TurboTax will cycle through a series of "wrap-up" questions. Look for a screen titled "Let's see if you're eligible for the QBI safe harbor" or "Is this Qualified Business Income?".
  5. Answer "Yes": Answer Yes to indicate the property is a trade or business. This will open the QBI input screens where you can confirm it qualifies.

If this does not work, please post and we can try something else.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question