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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?

pmcbain
Level 1
 
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IRonMaN
Level 15

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


Slava Ukraini!

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2 Comments 2
IRonMaN
Level 15

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


Slava Ukraini!
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Just-Lisa-Now-
Level 15
Level 15

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♥¸¸.•*¨*•♫♪
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