There may be conflicting information entered about the business that is creating this error. Look on the "199A Act Wks" in forms mode, and see if you have conflicting answers to the questions about whether you are a business that qualifies for the QBI deduction (which is what Section 199A of the 2017 Tax Cuts and Jobs Act addresses).
To correct this you need to:
- Within your return in step-by-step mode, click the Federal Taxes tab.
- Choose the sub-tab Other
- Answer the questions until you get to the Is this Qualified Business Income?
- Change your answer to Yes, this income is QBI.
- Click Continue and answer the questions through the rest of the "interview".
- Complete the Federal Review.
This automatically corrects your issue on your Statement A and populates your K-1 correctly.
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