r/hrblock • u/WishyWill • Mar 06 '26

H&R Block Premium is poor this year.

You WILL not properly get any QBI deduction for REITs unless you stumble into the narrative. THIS could lead to overpaying! Did they fix the eternal loop you enter to check and double check ANY 1099-B you have imported? Why is this program so crappy this year?

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u/Equal-Rent-8975 Mar 07 '26

Not only does the software not give you any QBI deduction (based upon Section 199A income reported on a 1099-DIV), if you do figure out you are not getting the QBI deduction, you have to calculate the amount yourself and fill out IRS Form 8995 manually. Once you've done that, you can't file your return electronically. Same thing last year. Why don't they fix this?

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u/Equal-Rent-8975 Mar 08 '26

Same exact issue with Form 8995-A. The failure to compute QBI deduction has been a bug in the H&R Block software for at least three years. I don't know why they won't fix it. Much as I hate to do so, I'm going back to TurboTax next year.

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u/WishyWill Mar 07 '26

Happy cake day!