JansenTTax
Returning Member

QBI deduction source error from input of a K-1

QBI often differs from Box 1 "Ordinary income" on a Schedule K-1 from a partnership, S Corp, etc. The TurboTax QBI calculation takes the amount entered from the "Enter Box 1 Info" (ordinary income) screen instead of from the "Enter Box 20 Info" (QBI) screen. Seems to be a TT error.