taxlady2008
Level 3
06-12-2020
09:09 PM
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I have a client that will not be itemizing and will take advantage of the standard deduction. Lacerte is not deducting the K-1 charitable contribution from QBI. If I go into the system and force a Sch A, then Lacerte will deduct it from QBI. I can’t find anywhere in the instructions that says you don’t subtract charitable contributions from QBI if the taxpayer isn’t benefiting from the Sch A deduction. Does any know? Thank you!
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