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After entering all your "business" income and expenses, you will reach a screen titled "Is this qualified business income?" Check "No, none of this work is qualified". TurboTax will, usually, have pre-checked yes. But, you are allowed to change it to No.
What is the source of this income and why does your CPA say it's not qualified? Most for profit activity, involving work, is qualified.
If you have a form 1099-Div, with an amount in box 5, TT will treat that amount as QBI (qualified business income) and it usually is qualified.
You may remove the Qualified Business Income Deduction by removing the income that qualifies you for the deduction. If IRS form 8995 or IRS form 8995-A are included in your tax return, line 1 lists the income that qualifies you for the Qualified Business Income Deduction.
After entering all your "business" income and expenses, you will reach a screen titled "Is this qualified business income?" Check "No, none of this work is qualified". TurboTax will, usually, have pre-checked yes. But, you are allowed to change it to No.
What is the source of this income and why does your CPA say it's not qualified? Most for profit activity, involving work, is qualified.
If you have a form 1099-Div, with an amount in box 5, TT will treat that amount as QBI (qualified business income) and it usually is qualified.
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