QBI W2 Wages on Form 199 Worksheet S Corp

[akconsult]

I am filing my S Corp return using TurboTax Business. Because I use Quickbooks for my business, Turbo Tax imports all of my information.

For the 199 worksheet to calculate the QBI deduction, on line 9 of the form, it pulled a W2 wage amount that is higher than the actual W2 wages in Quickbooks.  It is correct on the expense line in the body of the return.

Why would it show as higher in the 199 QBI calculation?

[DavidS127]

In Forms mode, "right-click" on that line 9 ("199A Act Wks") and select "Data Source".  You will get a popup with the different sources, and blue links to those sources.  Those sources should add to the line 9 amount being used in the QBI calculation.

Here is a screenshot of that "Data Source" popup:

[GetBusi]

OMG!!! THANK YOU!! So helpful - I looked EVERYWHERE and couldn't understand or change it - for others (in case they don't want to right click) I found that it also included the labor from my cost of goods sold in the "wages" and that made up the difference. Problem solved ... and Turbo Tax was right (again!)

[GetBusi]

OMG!!!! You're a GENIUS!! I've been struggling with this for TWO YEARS - I had the same issue last year and spoke with a TurboTax support member who couldn't figure it out either. But if I understand, we have wages paid in W2 but we also pay 1099 staff and that labor is COGS and is added in to the calculation!  SIMPLE, easy to show. THANK YOU!! THANK YOU!!! THANK YOU!!  Now just how to figure out why Quick Books won't recognize an employee who is also an owner. Argh>>>>> but for now ... I can sleep!!!!