- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If your K-1 has Qualified Business Income that makes you qualified for the deduction, you will see an amount in box 17 with code V. You should then also have a "Statement A--QBI Pass-through Entity Reporting" along with your K-1.
When you input your K-1 information into TurboTax, there are a couple follow-up questions and then TurboTax will calculate your allowable deduction.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 26, 2022
11:53 AM