I'm using Turbo Tax Home and Business 2019 go to Personal income,select K1,entered information from box 20 with code Z STMT ,then entered QBI pass through from statement A but no QBI Deduction was figured out.
I have other rental income from schedule E.It works well on QBI deduction when i answer all related question.
I don't know if i do anything wrong with rental income from K1.Please,help.
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@Lex350 wrote:
...no QBI Deduction was figured out
You have to proceed through to the end of the section where you will encounter a screen that requests further information regarding the 199A details.
Also, Form 8995-A has not yet been finalized, which may be impeding the deduction on your return (the form is scheduled to be released on 2/20/2020).
Thank you for your answer.i went through all the section but didn't see the screen asking for further information so i opened the relevant form k1 worksheet section D1,D2 filled in the information for QBI pass trough and UBIA then the deduction was figured out.
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