Do I need to complete form 199A?

[stevekimble]

My wife's business accountant says to make sure we complete form 199A to lower our tax bill. We have the K-1 he gave us for the S-corporation, but I find no form 199A anywhere in my return that I have completed with Turbo Tax. Review tool found no errors. Any advice?

[Rick19744 · Accepted solution]

There is no separate form for the Section 199A deduction.

If you input the information from the K-1 into the software, it should appropriately compute this for you.  The deduction is reported on line 9 of form 1040.  The computation is handled in a worksheet.