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posted Jun 6, 2019 12:37:30 AM

Got a K-1 from a Sub S Corp with QBI to an Individual Shareholder. How can I get Turbo tax to calculate the 20% 199A deduction. Do I need to do a 1040 line 9 override?

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1 Best answer
Intuit Alumni
Jun 6, 2019 12:37:32 AM

For the QBI to flow from a S-Corp K-1, Box 17 needs to report codes V, W, X, Y, or Z. 

https://ttlc.intuit.com/replies/7036528


1 Replies
Intuit Alumni
Jun 6, 2019 12:37:32 AM

For the QBI to flow from a S-Corp K-1, Box 17 needs to report codes V, W, X, Y, or Z. 

https://ttlc.intuit.com/replies/7036528