You'll need to sign in or create an account to connect with an expert.
The testing that I've done with the latest release (R14, 1/24/2019) seems to show that the functionality is there and that TurboTax is calculating QBI for all three types of pass-through entities. However, TurboTax is still treating any tax return with a Schedule K-1 entry as not yet ready for filing.
Previous releases of 2018 TurboTax did not create all of the linkages necessary to calculate QBI, so if you entered self-employment income or a Schedule K-1 using an earlier version of 2018 TurboTax, you likely need to go back through all sections related to the entry of the information regarding the pass-through entity so that the proper linkages will be established.
The testing that I've done with the latest release (R14, 1/24/2019) seems to show that the functionality is there and that TurboTax is calculating QBI for all three types of pass-through entities. However, TurboTax is still treating any tax return with a Schedule K-1 entry as not yet ready for filing.
Previous releases of 2018 TurboTax did not create all of the linkages necessary to calculate QBI, so if you entered self-employment income or a Schedule K-1 using an earlier version of 2018 TurboTax, you likely need to go back through all sections related to the entry of the information regarding the pass-through entity so that the proper linkages will be established.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
PSG1212
New Member
christopherbrand
New Member
ewa3
New Member
philstewart
New Member
ZPPM
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.