Why isn't my K-1 from a Subchapter S corporation not being included in the QBI deduction for 2023? I am under the income limit.

Does you IRS Schedule K-1 (1120-S) include Code V in box 17?  Sometimes the Code V is entered but the detail related to the code is found a separate Statement A.

 

You should also have selected an entry on the screen We see you have Section 199A income.