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jons
New Member

In Home & Business, I have two K-1s, both with Box 20 with Z and AB codes, but Line 9 on the 1040 remains blank. What am I missing?

Both K-1 worksheets have a positive value on line H1 (allowable qualified business income), but the Qualified Business Income Deduction Summary is completely blank. When I double-click on Line 9 in the 1040, it takes me to Line 9 on the 1040 worksheet. When I double-click on Line 9 of the 1040 worksheet, it takes me to the blank Qualified Business Income Deduction Summary. Shouldn't there at least be some values in the Summary? I don't understand why the data is not flowing through.

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1 Best answer

Accepted Solutions
JulieCo
New Member

In Home & Business, I have two K-1s, both with Box 20 with Z and AB codes, but Line 9 on the 1040 remains blank. What am I missing?

There is currently an issue with the Qualified Business Income deduction not calculating in TurboTax for scenarios with the criteria listed in the FAQ below.  There is an expected update to resolve the issue on 3/22/19.  Please click on the blue link in the FAQ below, though, to be notified of any updates regarding this issue.

https://ttlc.intuit.com/replies/7300401


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2 Replies
JulieCo
New Member

In Home & Business, I have two K-1s, both with Box 20 with Z and AB codes, but Line 9 on the 1040 remains blank. What am I missing?

There is currently an issue with the Qualified Business Income deduction not calculating in TurboTax for scenarios with the criteria listed in the FAQ below.  There is an expected update to resolve the issue on 3/22/19.  Please click on the blue link in the FAQ below, though, to be notified of any updates regarding this issue.

https://ttlc.intuit.com/replies/7300401


jons
New Member

In Home & Business, I have two K-1s, both with Box 20 with Z and AB codes, but Line 9 on the 1040 remains blank. What am I missing?

Thank you for the quick response and for ending my agony in searching for an answer!
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