Trying to do end of year planning, but when I mock up 2020 taxes for S corp distribution to 1040, I don't see any QBI deduction on 1040 line 13, even when AGI < 326,600. It looks like form 8995 is not yet active, so just want to make sure I'm not missing something. Is the current version of 2020 TT that incomplete?
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I still don't see the QBI calc or form 8995, trying to find out myself
Form 8995 for 2020 returns has not yet been approved. For current information on forms availability, please click on this link: Federal forms availability [Note: Forms 8995 and 8995-A might appear in the middle of the list, not necessarily in numerical order.]
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