celiadorrllc
Level 2

The income qualifies as the taxable income is approximately $88,000.  They are a qualified business, not a specified business.  QBI not showing up.

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sjrcpa
Level 15

It's a deduction, not a credit. Is there net Qualified Business income? or a net loss?

Look at Form 8995.


The more I know the more I don’t know.
BobKamman
Level 15

Carryover loss?