How do you take the QBID on Form 1041 where there is a Sch E in the return.
Form 8995 flows to line 20 page 1.
If income is allocated to beneficiaries, some goes to them.
How do you tell the program that a QBID is in order. I know where it should show up on a 1041. I just don't know how to get to tell the program to calculaate he amount.
Hi @Morton ,Thanks for stopping by the community and posting. We have this support article that may help, it'd be screen 23 for Fiduciary, though:
Entering and calculating QBI Deductions (Section 199a) in Lacerte on Form 8995
If it doesn't we'd recommend reaching out to Lacerte Support.
We look forward to your future contributions.
I completed a Sch E on the 1041, including the QBID sheet at the bottom.
ps I use Pro Series, not Lacerte.
