You cannot enter information directly on these forms. If you qualify for the Qualified Business Income Deduction you are asked questions as you put in the information from your business to see if the income qualifies for the deduction.
If you received a K-1 from and Partnership (1065 K-1) or from an S-Corp (1120S K-1) the information shows in box 20 for the 1065 K-1 or box 17 for the 1120S K-1.
The program then uses the information to calculate the Qualified Business Income Deduction to report on your return.
Do I qualify for the qualified business income deduction?
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