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QBI Deduction

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QBI Deduction

QBI Deduction

IntuitBettyJo
Community Manager
Community Manager

Released March 2023 -  

The qualified business income deduction strategy will generate an insight whenever there is an activity with qualified business income, and the taxable income on the return causes the QBI deduction to be limited on IRS Form 8995-A.  This strategy will show you the limited QBI deduction amount, and the maximum potential QBI deduction. As you add strategies to the plan that reduce taxable income, the recomputed QBI deduction will be shown in this strategy.