turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

Yes No
DavidA
New Member

QBI Deduction

I qualify for a QBI deduction. I am filing married filling jointly. Both my QBI as determined by TurboTax, and my taxable income, are way below the amount to even start phasing out the deduction, and yet it shows me getting a lesser amount due to income limitations.  Why would that be? 

posted
‎February 6, 2020 1:21 PM
last updated ‎February 06, 2020 1:21 PM
0
4
783
Reply
Bookmark Icon
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.

4 Replies
MarilynG1
Expert Alumni
Expert Alumni

QBI Deduction

When you Print or View your return, look for the QBI Worksheet. 

 

Click this link for detailed info that may help you with your QBI Deduction calculations. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 6, 2020 1:46 PM
0
2
776
Reply
Bookmark Icon
DavidA
New Member

QBI Deduction

Thank you! 

‎February 6, 2020 2:00 PM
0
1
770
Reply
Bookmark Icon
MarilynG1
Expert Alumni
Expert Alumni

QBI Deduction

My pleasure!

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 6, 2020 2:34 PM
0
767
Reply
Bookmark Icon
ironmike64
Level 1

QBI Deduction

How is QBI(REIT) determined.  Don't see how value is determined in turbo tax.

‎February 18, 2020 1:08 PM
0
658
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

anuraguppal
mbin
mpeachey
JTMyers8642
afernandezcmu

Did the information on this page answer your question?

thumb-up Yes
thumb-down No
close icon
checkmark

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

and start working
on your taxes

File your taxes, your way

Get expert help
or do it yourself.

Get started
close icon
icon help

Access additional help, including our tax experts

Post your question

to receive guidance
from our tax experts and community.

Connect with an expert

Real experts - to help
or even do your taxes for you.

Get started