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12-07-2019
12:31 AM
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I did some digging into this and for the K-1's it would not automatically adjust for the Self Employed Health Insurance Deduction. The program assumes that this has already been taken into account on the K-1 through either Guaranteed Payments or Wages and would already be impacting QBI. If it has not already been taken into account on the K-1 then it Section D of the Schedule K-1 Worksheet you would need to make an adjustment to the amounts reported there.
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