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You are no doubt completing Sch SE for these self-employed folks whose income you entered on Line 21, right? At first I thought, "Well, that is going from the frying pan to the fire," but then I was ok. I'm posting anyway because people are leaving me alone and I don't want to work.

I don;'t have enough money for them to hear me. Money talks, you know....

QBI is computed separately for each activity, so for your activity with negative QBI, no QBI deduction will be computed. The negative QBI carries forward to reduce positive QBI in subsequent year, but wages and unadjusted basis numbers from 2018 do not carry forward. If there is positive QBI from other activities in the same year, the negative QBI will be used against that positive QBI and not carried forward. The wages from your activity can't be used in computing the QBI deduction of another activity unless the activity qualifies to be aggregated with other activities and the aggregation election is made.

Still have to fill it in, because QBL is carried forward and reduces future QBI at the 1040 level.

Thanks. Words and pictures just cannot describe the devastation that occurred in northern California this past year. Our home was hit twice by the Carr fire. The intensity of the fire was unbelievable. We found a cast iron skillet that was only recognizable by its warped handle. The out pouring of our community was indescribable. Anywhere we went, people were there to do anything for us. We and our pets got out safely and are moving on. (We got or computers out AND I don't need to worry about securing my old files!)

Margaret, the 21 year old qualifies for the $500 credit. That is for older than 16 children and other dependents.

Don't forget the 500 dependent credit new this year. I would keep him on his parents return and file him as a dependent on someone else return just to get him a refund if he has one coming.

The PTIN registration site is a very good resource. It also lists all CPE credit that the IRS has received under your PTIN. I was just in there a couple months ago when I was renewing my EA license to check and make sure I had all the hours correct on my renewal. One of the few things the IRS has made fairly painless and is actually useful. Tom Modesto, CA

Shhhhhhhhhhh…….they will hear you. Tom Modesto, CA

Sole proprietor is kinda like a pass through entity. My tax practice has its own EIN, but reports on my 1040. Kinda like a passthrough entity. Tom Modesto, CA

As to Drake fixing the Ca 3805V, no worries there. They are working on it now.