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Business & farm
If you don't have a Statement A attached to your K-1, enter the appropriate figures from the K-1 itself. The figures entered on this screen will flow to the Qualified Business Income Deduction Info in Section D1 of your K-1 to calculate your QBI deduction. They are not added to the figures already entered on the K-1.
To see the QBI calculation you can view your K-1 in Forms Mode. Please follow these steps:
- Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar.
- In the Forms in My Return list on the left, click the form you want to review. The form will appear on the right side of the screen.
- You can view the form on the screen or you can print a copy by clicking the Print box at the bottom of the screen.
- To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.
‎February 23, 2021
12:19 PM