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How can I opt out the QBI deduction?

 
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2 Replies
KrisD15
Expert Alumni

How can I opt out the QBI deduction?

It's an automatic calculation, there really is no way to not take it if the credit applies. 

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How can I opt out the QBI deduction?

why do you want to opt-out?  there is a way if it's from dividends leave line 5 from the 1099 blank

for businesses, you would have to check the box that they don't qualify for QBI.

 

I could understand if you had a small 199A dividend and would rather forgo the deduction rather than upgrading Turbotax.  For a business, I'm not sure this would be advisable if it does qualify. 

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