I am entering my K-1 1120 s into TT. It is not rolling over to the QBI worksheet. Last year you entered info from Box 17 V. This year it says that info is not used in TT calculations. How do I get my K-1 1120S to appear in the QBI calculations?
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At the screen Enter Box 17 info, select code V Section 199A information. A value does not need to be provided. Click Continue.
At the screen We need some information about your 199A income, you will enter section 199A information.
Select the box to the left of the line and an entry box opens up.
You will likely need to enter Ordinary business income (loss) from the business.
You may need to enter:
Enter these values for the qualified business income deduction to be calculated.
At the screen Enter Box 17 info, select code V Section 199A information. A value does not need to be provided. Click Continue.
At the screen We need some information about your 199A income, you will enter section 199A information.
Select the box to the left of the line and an entry box opens up.
You will likely need to enter Ordinary business income (loss) from the business.
You may need to enter:
Enter these values for the qualified business income deduction to be calculated.
Thank You!!!!!!!!!!!!!!!
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