Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

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

Showing results for 
Search instead for 
Did you mean: 
New Member

Qbi as a independent truck driver? I have a 1099-MISC

1 Reply
Intuit Alumni

Qbi as a independent truck driver? I have a 1099-MISC

If you're a self-employed driver, you should qualify for the Qualified Business Income deduction.  If you're an employee, you won't.

Please bear one thing in mind, as some people have been confused by the new law:  this is an exclusion of up to 20% of their qualified business income from federal income tax, but not from self-employment tax.

Please see TurboTax FAQ "What is the Qualified Business Income deduction?" below for more information.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.



Manage cookies