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Business & farm
You should enter all numbers in Statement A in TurboTax so that TurboTax can calculate your QBID (qualified Business Income deduction).
When entering your Schedule K-1, follow the TurboTax interview until you arrive at a page titled We need some information about your 199A income (see screenshot).
On that page, put a checkmark on the item you wish to enter and a box will appear so you can enter the item.
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March 29, 2022
11:48 AM