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Deductions & credits
in forms mode, you can go to the worksheet for the entity from which you will derive the QBID deduction.
it could be schedule C, E, or a k-1. on the worksheet there is a section to enter the info. on schedule C it's just below line 48. on a partnership k-1 it's section d1 and d2 (in d1 it says shareholder share. it should say shareholder or partner share) this is where you enter the QBID info for ordinary income, W2 wages and UBiA (unadjusted basis in assets). there are similar sections for schedule E and other types of k-1's.
‎October 2, 2020
9:52 AM