Where in the 2018 program do I identify partnership income as qualifying for the qualified business income deduction?

[eeyore]

I'm helping my client estimate his 2018 tax liability.  He is in a partnership and an S-Corporation, both of which are eligible for the qualified business income deduction.  Where in Lacerte do I provide the necessary information so it calculates the deduction?

[mojocpa]

@IntuitAlicia  

any help on this, I see on the C and the E where to enter, but the K-1 entry is a mystery

[rbynaker]

I suspect that's 'cause the K-1 handling of QBI is still a mystery.

[mojocpa]

Could very well be, Mr. Rick.

[georgie]

QBI for k-1s is entered on screen 20 item  Partnerships is a line 20 item (#20z, 20aa, 20ab, 20ac, 20ad). For s-corp & trust/estate screen has its own section "deduction for qualified business deductions"

[mojocpa]

Aha! must have been in the latest update.  Either that or I am getting blinder.

[George4Tacks · Accepted solution]

I posted some pretty pictures at https://accountants-community.intuit.com/questions/1778778-the-next-release-date-is-12-12-2018-will-... for C, E and the 1065 K-1 

P.S. The lion is getting blinder

[IntuitAlicia]

Thanks George, that covered everything I was going to reply with.  From the in-product alert to the community announcement to the input in Screen 20.2 'deductions for qualified business income'.