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    • Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. Lacerte | ProConnect | ProSeries
    Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. Lacerte | ProConnect | ProSeries
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    QBI Calculation Sch C

    PattiP
    Level 1
    ‎01-23-2019 01:56 PM

    Why is ProSeries reducing Sch C income by 1/2 SE tax prior to calculating the QBID?  I can't find anywhere in the regs where it says to do that and ProSystem fx (CCH) is not doing that. 

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    1 Best Answer

    Accepted Solutions
    IntuitAlicia
    Employee
    Employee
    ‎01-23-2019 02:30 PM

    Link to 199A Regs

    This is covered on page 43 of Section 199A Regs.

    View solution in original post

    1 Comment 1
    IntuitAlicia
    Employee
    Employee
    ‎01-23-2019 02:30 PM

    Link to 199A Regs

    This is covered on page 43 of Section 199A Regs.

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