- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I want to add that I too am receiving the K-1 message in TT Personal Premier. QBI was supposed to be fully implemented.
@Irene2805 When will this be corrected as you have claimed to be ready with the release on form 8995?
Message Reads:
Schedule K-1 Wks-S Corporations has entries for certain deductions such as section 179, depletion, section 59(e)(2) and other expenses that may be individually limited. For the purposes of qualified business income deduction those expenses are not yet supported (HUH). This will be enabled in a subsequent release.
‎February 21, 2020
8:40 AM