Pre-QBI amounts worksheet

[ILLMAS]

Just wondering if someone else has prepared a Pre-QBI worksheet to keep electronically for each qualifying/non-qualifying clients?  I prepared one, so I just plug in the amounts on the atx QBI worksheet, then take the same amounts and verify them against online QBI calculator.

[Abby Normal]

What do you mean by 'Pre-QBI'?

[ILLMAS]

For example

 

Sch E

Property 1 $10,000 Profit

Property 2 $2,000 Profit

Property 3 $6,000 Loss

Aggregated Total $6,000

QBI $6,000 x 20% = $1,200

TI $30,000 x 20% = $6,000

Sch C

Profit $30,000

1/2 SE $2,295

SEP IRA $3,000

SE Health Ins. $4,000

QBI amount $20,705

QBI $20,705 x 20% = $4,141