Can an administrrator please contact me ? I beleive there is a problem with the computation of the QBI deduction when there are PTPs with both QBI income and QBI losses.

[PhoebeRoberts]

Lacerte 2018 did it wrong until the end of September or so.

[jeffrey1]

Lacerte originally netted PTP QBI income and losses and computed the QBI deduction on the net.  Know, they are no longer netting....

[PhoebeRoberts]

Actually, Lacerte originally netted PTP QBI income with all PTP QBI losses, regardless of whether they were freed up. Then in September, an update corrected the calculation so that only permissible PTP QBI losses were netted out.

[jeffrey1]

thanks, Lacerte claims there gas been no change.  Very frustrating.

[jeffrey1]

*has

[abctax55 · Accepted solution]

You'll need to contact Intuit directly; this is a forum of peer-2-peer users.

Call technical support, OR give us the details & we might be able to help.