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Is it right for TurboTax to automatically apply a Qualified Business Income Deduction even though I haven't entered any self-employment income yet?

It's weird that TurboTax applied a Qualified Business Income Deduction even though I haven't entered any self-employment income yet.  It's even weirder because when I do enter self-employment information, my net income will be negative.
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AmyC
Expert Alumni

Is it right for TurboTax to automatically apply a Qualified Business Income Deduction even though I haven't entered any self-employment income yet?

Yes. I have to wonder if you have other QBI qualified income. Investments, like a REIT, or other business interest, k-1. QBI suspended losses carryover. Perhaps you are seeing the carryover. Since you have a business, something in the business could be triggering the program to pick up the QBI. Once you have entered your income for this year, check that the carryover and calculations match up with your actual forms. There are no known issues.

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