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Level 2
February 23, 2020
Solved

Section 199a deduction

  • February 23, 2020
  • 3 replies
  • 13 views

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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Best answer by Just-Lisa-Now-

Scroll down the Sch C to the QBI area, make sure youve marked the box that it qualifies

 

3 replies

Just-Lisa-Now-
Intuit Community Champion
February 23, 2020

Scroll down the Sch C to the QBI area, make sure youve marked the box that it qualifies

 

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Mimbreno
Level 4
February 23, 2020

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.

 

TrudiAuthor
Level 2
February 25, 2020

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!!