DianeC958
Expert Alumni

After you file

If your S-Corp qualifies for the Qualified Business Income Deduction the information shows in Box 17 of the K-1 from your S-Corp.  If you did not mark on your S-Corp return that it qualifies  for the Qualified Income Deduction you need to amend your S-Corp return to have the information populate Box 17 on your K-1 and then you report it on your individual tax return.

 

@travwhite

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