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Section 199A Deduction Turbo Tax 2019
I am using Turbo Tax 2019 Deluxe and do not see Section 199A deduction being applied for S-Corp.
I went through the same interview for Turbo Tax 2018 Deluxe and it was applied correctly.
But for the 2019 version, the "Qualified Business Income Deduction" didn't apply even for the same situation. Is it because the Schedule K1 code for IRS has changed for 2019 (both QBI and W2 are under code V in 2019, vs in 2018 they were under codes V and W respectively)?
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‎January 15, 2020
12:03 AM