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Level 1
December 7, 2019
Solved

My client has a net income of 11k from self. emp. as a limo driver. pro series did not calculate the 20% QBI. How do I figure that out?

  • December 7, 2019
  • 2 replies
  • 23 views
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Best answer by IRonMaN

Did you click the yes box saying it is qualified on the schedule C worksheet?

2 replies

IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

Did you click the yes box saying it is qualified on the schedule C worksheet?

Slava Ukraini!
Just-Lisa-Now-
Intuit Community Champion
December 7, 2019

Do you have taxable income?  The QBI wont reduce self employment taxes, and it wont compute If you have no income subject to income taxes.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪