On what line does the section 199A deduction come through on for Form 1040?

Forum|Forum|7 years ago
June 3, 2019
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TurboTax Home & Biz Mac

Best answer by dmertz

This deduction propagates from the QBI Deduction Summary to the 1040 Worksheet to Form 1040 line 9.

Be aware that the QBI deduction functionality is not entirely present yet and may give bogus results until fully implemented.

dmertzAnswer

Level 15

This deduction propagates from the QBI Deduction Summary to the 1040 Worksheet to Form 1040 line 9.

Be aware that the QBI deduction functionality is not entirely present yet and may give bogus results until fully implemented.

jrd311

Level 2

I'm not finding any way to generate a deduction on line 9 (Qualified business income deduction) of the 1040 using turbo tax home and business. Am I missing something?

dmertz

Level 15

i worked this one out...ty for responding..

i have another question relating to the new special dep allowance

1) i have already figured the 179 deduction (10k x my 53% use = 5369)
2) I am finding it very hard to enter Special Depreciation Allowance (for a listed property)

-does it go in line 26 column h ?..and would it simply be my biz use % (53%) x $8000 limit?...it seems that the previous column (g) controls the formula for (h) however ? (and i looked at instr which refers you to line 19 computation and that did not clarify)
-could use any advice

TaxCTH2018, please ask a separate question about the special depreciation allowance. It's unrelated to the topic of the original QBI question asked in this thread.