Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

posted

Connect with an expert

1 Best answer

Accepted Solutions

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

The qualified business income deduction on Form 1040 line 9 is new for 2018. See the QBI worksheets for details of its computation.

Also see the Form 1040 line 9 instructions on page 34 for more about it:

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

View solution in original post

1 Reply

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

The qualified business income deduction on Form 1040 line 9 is new for 2018. See the QBI worksheets for details of its computation.

Also see the Form 1040 line 9 instructions on page 34 for more about it:

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

Still have questions?

Make a post

Manage cookies

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

Get more help

Do you have a TurboTax Online account?

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

Do you have an Intuit account?

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

Why do i have a "qualified buisness income deduction" this year? I used turbo tax last year and did not have it. nothing has changed as far as my finances are concerned.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert