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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.
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‎April 2, 2025
6:43 PM