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How do you get QBI income to pick up other income? I entered a 1099 in other income and checked self employment income but Lacerte isn't picking it up for QBI.

taxlady2008
Level 3
 
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TaxMonkey
Level 8

Everyone gave you the correct answer already, but just to clarify.  QBI = qualified business income.  Business income is reported on a schedule C, not on line 21.  You see where this is going right?  There is no way to include line 21 income as QBI.

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3 Comments 3
TaxGuyBill
Level 15
If is subject to SE tax, it belongs on a Schedule C.  So put it on Schedule C.
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George4Tacks
Level 15
:+1::+1:

Answers are easy. Questions are hard!
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TaxMonkey
Level 8

Everyone gave you the correct answer already, but just to clarify.  QBI = qualified business income.  Business income is reported on a schedule C, not on line 21.  You see where this is going right?  There is no way to include line 21 income as QBI.

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