ProConnect QBI Entity Selection Calculator
The Entity Selection Calculator is designed for you, the Tax Professional, to be able to evaluate the type of legal entity a business should consider, including the application of the Qualified Business Income (QBI) deduction.
The calculator has been updated to reflect the most current IRS guidance - Publication 535. We've also made a few changes to the calculator based on your feedback, including;
- Income adjustments
- Itemized deductions
- Print capability
- Multi-pane view
- Tooltips (hover fields for input details)
To Access the Calculator: ProConnect QBI Entity Selection Calculator
- IRS Final Regulations 199A
- IRS Publication 535
- 2018 QBI Reduced by Self Employment Tax, Health Insurance, and Retirement Contribution Deductions
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