Employee
07-10-2020
02:36 PM
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By default, the program does not automatically reduce QBI by the health insurance deduction for K-1's. However, right above the grid to enter the Section 199A Statement A, there is a check box for "Reduce QBI by self-employed health insurance deduction" If you check this box, the program will reduce QBI by any health insurance deduction allocated to the K-1.
Michael D