We have notice in ProSeries that the QBI deduction is reduced by Adjustments to Income. Where is this in IRS rules?

[abctax55 · Accepted solution]

Notice 2019-07.  Issued 1.18.19

edit...Wrong...that's the safe harbor for rentals.   Brain dead today.  Too much snow, not enough electricity.

[rbynaker]

Don't worry, I got your back.

[abctax55]

Much appreciated...power on/off so I have to post "fast" & without resources except my brain.  Not a good idea 🙂

[rbynaker]

https://www.irs.gov/pub/irs-drop/td-reg-107892-18.pdf

Discussion on page 43.  Actual regs on page 198 under "other deductions".  There are no examples of this and the rules are murky at best.

Rick