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snwvgal
New Member

I have turbotax home and business. it doesn't appear to be calculating the 20% pass thru deduction on schedule c income. where is it calculated?

where is the calculation on section 199a deduction?
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I have turbotax home and business. it doesn't appear to be calculating the 20% pass thru deduction on schedule c income. where is it calculated?

Here's how to get to the Qualified Business Income (QBI) questions in the desktop product Home and Business.

Hopefully, you know how to get to the Business Summary screen (screen image 1 below).  But here's how:

  • Click the Business tab, then Business Income and Expenses, then "I'll choose what I work on."  
  • On a screen that says "Let's gather your business info", click UPDATE in the top topic (Business income and expenses.)
  • The next screen should be: "Here's the business info we have so far."   Click on EDIT by your business name to open up that business interview.
  • Then you will get the Business Summary screen shown below (image 1).  Click "Continue" at the bottom, and on the next screen it should start asking questions about QBI (image 2)

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I have turbotax home and business. it doesn't appear to be calculating the 20% pass thru deduction on schedule c income. where is it calculated?

Here's how to get to the Qualified Business Income (QBI) questions in the desktop product Home and Business.

Hopefully, you know how to get to the Business Summary screen (screen image 1 below).  But here's how:

  • Click the Business tab, then Business Income and Expenses, then "I'll choose what I work on."  
  • On a screen that says "Let's gather your business info", click UPDATE in the top topic (Business income and expenses.)
  • The next screen should be: "Here's the business info we have so far."   Click on EDIT by your business name to open up that business interview.
  • Then you will get the Business Summary screen shown below (image 1).  Click "Continue" at the bottom, and on the next screen it should start asking questions about QBI (image 2)

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