K-1 Wks-Partnerships Form is not calculating QBI in Section D1

Forum|Forum|5 years ago
February 5, 2021
2 replies
15 views

I am trying to calculate QBI from a K-1. On Sch K-1 Wks-Partnerships section D1 is not populating the Rental Income this year. Therefore it's not flowing onto my Form 8995 and 1040. I have this same issue each year and Proseries usually issues an update that allows this information to populate the correct boxes and calculate the QBI income from k-1s. I have not seen that update this year.

Anybody know when this issue will be corrected for 2021?

ProSeries Professional

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dascpa

Level 11

It works fine. Did you activate the QBI by going to the 199A Act Worksheet?

M

Michael101Author

Level 2

Hmm. In past years the D1 section of the Proseries K-1 worksheet auto-populated from info entered at the top of the K-1 worksheet. I think this year they are making you manually enter the information in the D-1 section from the Statement A of my K-1. If I manually enter this info into the D1 section, it will then flow through onto my 1040.

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