Question about how to calculate a QBI deduction for a partnership over the $207,500/$415,000 threshold with no wages and no basis in property.

[Christopher]

I have a client who has a partnership for a non-service type business.  Their taxable income is over $415,000 MFJ.  Since their business does not have wages or depreciable assets, is it true that they are not eligible for any QBI deduction?  

If they do get one, please provide the explanation on how this deduction would be calculated.

[sjrcpa · Accepted solution]

The QBI deduction is at the partner level, not the partnership level.

[George4Tacks]

Try this calculator https://bradfordtaxinstitute.com/Tools/199A-Calculator/

[dba1040]

This calculator is awesome - thank you!