turboTax Business 1120S Schedule A

[Bliss2]

I'm prevented from continuing my tax form because on Schedule A (QBI Pass-through entity reporting) the, "Shareholder's Name" field doesn't allow entry of characters.

[Anonymous_]

Did you enter your shareholder information at the beginning of the program?

The K-1 (and statement) should pull the shareholder name from the K-1 Worksheet, so you should check that in Forms Mode.

[Bliss2]

Yes, the shareholder information was entered early in the process:

[Bliss2]

Inaccessible field on Statement A.  Isn't pulling from other parts of the program.

[AliciaP1]

You may have conflicting answers to the questions about whether you are a business that qualifies for the QBI deduction that is reported on Statement A.  You can see if you do in forms mode on your 199A Act Wks.  If the answer to "Is this activity a qualified trade/business" is No and the answer to "Specified Service Trade or Business" is Yes it will cause this error.

To correct this you need to:

1. Within your return in step-by-step mode, click the Federal Taxes tab.
2. Choose the sub-tab Other
3. Answer the questions until you get to the Is this Qualified Business Income?
4. Change your answer to Yes, this income is QBI.
5. Click Continue and answer the questions through the rest of the "interview".
6.  Complete the Federal Review.

This automatically corrects your issue on your Statement A and populates your K-1 correctly

[Bliss2]

Appreciate the help.  That last set of instructions fixed the issue.

Thanks,

Ted Bliss