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    QBI Calculation Sch C

    PattiP
    Level 1

    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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    Accepted Solutions
    IntuitAlicia
    Employee
    Employee

    Link to 199A Regs

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

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    1 Comment 1
    IntuitAlicia
    Employee
    Employee

    Link to 199A Regs

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