I have income from 2 schedule k-1's. In box 20 I have a letter code of "z" with "see attached". On the attached paperwork it gives an amount labeled "proportionate Int. of aggregate gross receipts". When I enter this in to the turbotax software it calculates a "qualified business income deduction" of 20%. This income is from real estate. I have never gotten this deduction and believe it to be something new this year. I just want to check and make sure it is right before I file. Help would be greatly appreciated.
