QBI is zero

[user17754318572]

Good evening,

I have used TurboTax for years and never come across this issue. My husband and I are filing jointly and have multiple sources of income, entered under Schedule Cs. We also have various 1099-NEC forms and a couple W2s. 

We have about $29,000 in taxable business income but the Qualified Business Income deduction is not calculating for any of the sources of income. Any ideas as to why and how I can fix it?

Thanks in advance!

[MaryK4]

If you do not see the QBI, check if:

The QBI deduction may be zero if your Total Taxable Income is zero.  Even though you have $29,000 in business profit, the QBI deduction is calculated as the lesser of:

• 20% of your Qualified Business Income, OR
• 20% of your Total Taxable Income (minus capital gains). 

For the 2025 tax year, the Standard Deduction for married couples rose to $31,500. If your total income (Business + W-2s) minus deductions falls below zero, there is no "Taxable Income" to apply the 20% deduction against.

OR

TurboTax must aggregate all your businesses to calculate QBI.  If you had businesses with losses, they must first offset the income before QBI is applied.

[Mike9241]

other things to look for. Did you check the business qualified for the QBI deduction? TurboTax does not assume it does. Is it a specified service trade or business? QBI could be limited under special rules for SSTBs. there could be other reasons. you should see Form 8995 where the QBI deduction is calculated or limited. As I understand online, you can not see all the forms until any fees are paid