I have a client with a schedule C business that qualifies for the Section 199a deduction. I was trying to follow that deduction to the 1040 and do not see it. Am I missing something?? Is this deduction calculating properly and flowing to the 1040 in a way I am not seeing?
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Scroll down the Sch C to the QBI area, make sure youve marked the box that it qualifies
Scroll down the Sch C to the QBI area, make sure youve marked the box that it qualifies
Your qualified QBI deduction should populate line 10 of the 1040 or 1040-SR and form 8995 or 8995A once everything is completed correctly below line 48 of the Schedule C.
Thanks to everyone for the help!! It turned out that an update had not fully loaded and it was not flowing through. But I appreciate all the help!!
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