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Level 1
February 16, 2020
Solved

199A

  • February 16, 2020
  • 5 replies
  • 32 views

I cannot get the QBI information to flow to the K-1 of the shareholders.  Thus when I import the data it does not flow to the individual returns.  This is not a service business and is ordinary business income.

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Best answer by itonewbie

Statement A for QBI details is new and it doesn't seem to be working yet from all the posts we've seen.  You may just as well manually make the necessary input for the computation to run.

5 replies

itonewbie
itonewbieAnswer
Level 15
February 16, 2020

Statement A for QBI details is new and it doesn't seem to be working yet from all the posts we've seen.  You may just as well manually make the necessary input for the computation to run.

---------------------------------------------------------------------------------Still an AllStar
Level 2
April 3, 2020

Nevermind...I was able to find the manual entry section for Section 199A Income-Code Z. Thank you!

dkh
Level 15
August 20, 2020

where do you enter the info, i cant find it anywhere.?


@SLHCPA  manual entry of 199A 

Form 1120S K1  find Line 17V - use Quickzoom

Form 1065 K1 find Line 20Z - use Quickzoom