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February 20, 2021
Question

TurboTax is computing my QBI deduction incorrectly. Is it broken ?

  • February 20, 2021
  • 1 reply
  • 0 views
Is anyone having trouble with form 8995-A?

1 reply

AmyC
Employee
February 24, 2021

Please see this IRS article on QBI. The different types of incomes are at the top and you can choose the link that suits your income.  You are considering all of sec 199a dividends, rental income, business income, etc QBI does not net, it calculates each item separately and then adds.

 

 

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