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Returning Member
posted Mar 24, 2024 8:32:01 AM

Error on 2023 QBI component worksheet?

The worksheet appears to pull the QBI (box 1 on worksheet) from Schedule E page1 box 26? 

For my case, I have multiple K-1s with Box20-Z 199A PTP income.  TurboTax is only bringing in QBI from Royalties.  This is not correct, as I also have 199A PTP income from another K-1 for Ordinary Business Income.

 

I think the QBI number should come from Schedule E page2 box 41 -- is this a TurboTax bug?  

 

Is there a workaround so that I can get the correct QBI deduction?

 

0 1 1923
1 Replies
Returning Member
Apr 1, 2024 7:04:32 AM

Any feedback from TurboTax team?  Is there a way I can adjust the total amount of 199A earnings for QBI calculation?