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chadhawks
New Member

Where in turbo tax do I verify eligibility for the 20% self-employment tax deduction?

I know there is a new deduction for S-corps of up to 20%.  I cannot find that deduction in TurboTax.  Where do I find it?

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1 Reply
Cindy0H
New Member

Where in turbo tax do I verify eligibility for the 20% self-employment tax deduction?

I think you are referring to the Qualified Business Income Deduction. This is a computation that is completed by TurboTax after you have entered all of your business questions. You will not enter a number for this. You can see it on line 9 of the 1040 form.

In Deluxe, you can go to search for QBI and jump to the interview questions.

If you have other questions about this, ask in the comment section below.

Here is a FAQ about this:

https://ttlc.intuit.com/replies/7019998

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