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Business & farm
I have been on the phone for hours and have been passed around from one help desk to another. None of the Turbo Tax CPAs with 20+ years of experience can answer my question as to why the 199A Worksheet that Turbo Tax calculates shows the W-2 Wage amount greater than what is on Line 7 and 8 of Form 1120S. One rep said I should just override the amount that the software calculated. Could it be that the software has a glitch and is calculating incorrectly? This happened with both the 2018 and 2019 calculations. If anyone knows, please help!!!
‎February 19, 2020
11:30 AM