DawnC
Expert Alumni

Get your taxes done using TurboTax

You need the desktop software to adjust the QBI worksheet.  @Stevied3 
 

  1. Go into Forms mode.  Find Schedule C for the business that earned the income that is listed in the 4797.
  2. Scroll down to the section of Schedule C, named Qualified Business Income Deduction Smart Worksheet.
  3. Go to line 4b, Adjustments to qualified business income.
  4. Type the income from 4797, into this adjustments field.  The income should now appear in the associated QBI worksheets and calculations.
  5. Click through the Schedule C interview again.  You might or might not be prompted with new questions after changing the form directly.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"