JamesG1
Expert Alumni

Business & farm

Not sure whether you are referring to partnerships (Code 20) or Sub S (Code 17), but the screen entry is the same.

 

At the screen Enter Box 17 info, select code Z Section 199A information.  Click Continue.

 

At the screen We need some information about your 199A income, you will likely need the following information:

  • Ordinary business income (loss) from this business,
  • W-2 wages for this business, and
  • UBI of qualified property for this business.

Enter these values for the qualified business income deduction to be calculated.

 

 

@mpsimpson 

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