Calculating QBI for Schedule C income

Calculate the qualified business income (QBI) deduction for income deriving from Schedule C.
Other videos in this category:
Review the setup and data entry required for using a PIN signature.
Learn how Minimum Essential Coverage, exemptions, and the Individual Shared Responsibility Payment impact tax preparation.
Beginning in 2018 the previous federal deduction for employee business expenses reported on Form 2106 has been suspended unless the taxpayer meets certain criteria.