Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
dpleger
New Member

TurboTax's Form K-1 Section D, line E1 does not populate nor does it allow me to enter any amount. How do I get the QBI deduction?

 
1 Best answer

Accepted Solutions
TerryA
Level 7

TurboTax's Form K-1 Section D, line E1 does not populate nor does it allow me to enter any amount. How do I get the QBI deduction?

That amount comes from the Section 199A income Code in 1065 K-1 Box 20 Code Z or 1120S K-1 Box 17 Code V, so be sure you have entered all the Sec 199A Code items there.

Also, the Yes box in Section D line A must be checked. That should already be checked for you if there is 199A income.

View solution in original post

1 Reply
TerryA
Level 7

TurboTax's Form K-1 Section D, line E1 does not populate nor does it allow me to enter any amount. How do I get the QBI deduction?

That amount comes from the Section 199A income Code in 1065 K-1 Box 20 Code Z or 1120S K-1 Box 17 Code V, so be sure you have entered all the Sec 199A Code items there.

Also, the Yes box in Section D line A must be checked. That should already be checked for you if there is 199A income.

Dynamic AdsDynamic Ads
Privacy Settings
v