guycowing
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Got it, your are correct, my mistake, sorry about that. THANK YOU for setting me straight.
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Line 14 adds lines 12c ( AGI less charitable contributions) to 13 (QBI) as opposed to correctly subtracting 13 from 12c. to obtain the correct value for line 14...
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Yes the deduction shows up on line 13, but it is ADDED to line 12c instead of being subtracted for a deduction. End result I get no deduction and instead pay ta...
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Qualified Business Income Deduction: check your 1040 form line 13 and line 14. I discovered after I efiled that TT added my QBI to my taxable income rather than...
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TURBOTAX: Please let us know the status of 2210, will there be yet another update? And if so, approximately what date that might be. I and I am sure the others ...
Activity Feed for guycowing
- Posted Re: Qualified Business Income Deduction on Get your taxes done using TurboTax. April 1, 2022 4:26 PM
- Posted Re: Qualified Business Income Deduction on Get your taxes done using TurboTax. April 1, 2022 4:13 PM
- Posted Re: Qualified Business Income Deduction on Get your taxes done using TurboTax. April 1, 2022 3:08 PM
- Posted Re: Qualified Business Income Deduction on Get your taxes done using TurboTax. April 1, 2022 11:41 AM
- Cheered Re: 2021 Form 2210 Calculation Error for Tax4fp. March 7, 2022 4:02 PM
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- Cheered Re: TT 2021 Desktop Form 2210 wrong calculations for ftcbski. March 4, 2022 7:40 AM
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- Got Cheered for Re: 2021 Form 2210 Calculation Error. February 27, 2022 4:35 PM
- Posted Re: 2021 Form 2210 Calculation Error on Get your taxes done using TurboTax. February 27, 2022 11:20 AM
- Cheered Re: 2021 Form 2210 Calculation Error for Tax4fp. February 27, 2022 11:09 AM
- Posted Re: 2021 Form 2210 Calculation Error on Get your taxes done using TurboTax. February 25, 2022 5:35 AM
- Cheered Re: 2021 Form 2210 Calculation Error for MJK6. February 24, 2022 4:53 AM
- Cheered Re: 2021 Form 2210 Calculation Error for GeorgeDenseff. February 23, 2022 12:21 PM