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October 3, 2019
Question

how do i find and/ot get the qulified business tax credit?

  • October 3, 2019
  • 2 replies
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    2 replies

    October 3, 2019

    it's not a credit its a deduction.   if you file a schedule c,  schedule e -rental income,  have business or rental income from a partnership or s corp, or have non qualified reit dividends,  you most likely have something that qualifies.  TT handle this.  look for the QBI  worksheets.

     

    partnerships will contain info in box 20, if they qualify for the QBI.  S-Corps the same but in box 17

     

     

     

    Critter
    Employee
    October 3, 2019

    If you qualify the program will compute it for you  automatically.