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Where do I see this in TT online 2018? "New 20% Qualified Business Income (QBI) Deduction for Pass-through Entities"

Appears to be some progress in clarification - See IRS Notice 2019-7

Where do I see this in TT online 2018? "New 20% Qualified Business Income (QBI) Deduction for Pass-through Entities"

I am actually seeing that it is calculated. What you need to do, is completely finish your business income section and click continue. There should be no "review" prompt or warning. TurboTax will then ask if the work you performed for your self employed job was in the United States. After clicking yes, you'll see your discount automatically applied if your industry is included in the QBI deduction (mine was marketing consulting).

I never found a worksheet either, but I assume it is the QBI being applied. My refund went from $1500 for federal to $3500 for Federal as soon as I finished the business income and expense section of TurboTax.
TaxCTH2018
Returning Member

Where do I see this in TT online 2018? "New 20% Qualified Business Income (QBI) Deduction for Pass-through Entities"

For Sole Proprietors / sched C

if you do not see an entry in line 9 (QBI -199A deduction) then switch to forms view and go thru your Sch C...

towards the bottom you will see a checkbox for qualified business - select it and then line 9 will populate

 

 

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