linda4
Level 2
12-07-2019
12:43 AM
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The case is husband and wife partnership. Both receive K-1s with QBI/self employment income. The QBI info is properly input in the K-1 input section. I have thoroughly reviewed the QBI worksheets. The total of 1/2 SE Tax deduction as listed on worksheets is $226 less than 1/2 SE Tax deduction on 1040. No other source of SE income for either spouse. Also, the SE Health Insurance deduction is not reducing QBI (and not listed on worksheets). I have tagged the SE Health Ins to the respective K-1s in the SE Health Ins input section. I have other instances where the calculation has been correct (Sched C, Sched F). But returns with partnership K-1 QBI hasn't been accurate.