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January 23, 2019

QBI Calculation Sch C

  • January 23, 2019
  • 1 reply
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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 reply

IntuitAlicia
Employee
January 23, 2019

Link to 199A Regs

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