Form 8995-A Part II Line 7: all of the UBIA entries are $0 (calculated) even though there is a non-zero UBIA entry for each QBI component. I checked the IRS instructions for Form 8995-A and don’t see any reason for this. What’s going on?
My mistake. Form 8995-A Line 3 says to skip Lines 4-12 if taxable income is less than $160k. TurboTax is handling this correctly.
if the source is any Form 1040 schedule C, E, F, 4835 it should be automatic if the activity is indicated as qualifying for QBI treatment
for k-1's there is a separate section in the Turbotax k-1 worksheet to enter the QBI info (1065 - box 20, 1120-S - box 17, 1041 - box 14). Note just entering the box info won't generate QBI - it must be entered in the QBI section