When you complete the 1120S it will create a K1 for you. This you will add to your personal return. Be sure you fill in all the lines provided by the K1 so that your personal tax version of Turbo Tax will try to calculate a QBE deduction (if you qualify). In some cases, the program has failed to do this and its usually because all of the referenced K1 lines (even if *'d) are not selected in your personal return.
