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How do I get TurboTax to recognize my LLC is not a SSBT (specified service trade or business)? It appears to be assuming it is an SSBT.

I cannot find where to tell TurboTax my LLC is *not* an SSBT. My income is over threshold for QBI deduction unless the income is from non-SSBT origin. I need to enter allocable share of W2 wages for the 8995-A to be computed properly.
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2 Replies

How do I get TurboTax to recognize my LLC is not a SSBT (specified service trade or business)? It appears to be assuming it is an SSBT.


@dave-bauer73 wrote:
...I need to enter allocable share of W2 wages for the 8995-A to be computed properly.

You might want to contact phone support (link below) for this issue as the entry could require the use of Forms Mode and, possibly, an override.

 

What is the TurboTax phone number? (intuit.com)

How do I get TurboTax to recognize my LLC is not a SSBT (specified service trade or business)? It appears to be assuming it is an SSBT.

The program DOES handle this in the 1120S K-1 section if you have a code V in box 17 ... follow the interview screens carefully to find this screen ...  1....jpg1a.jpg1b.jpg1c.jpg1d.jpg

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