What are the mechanics of getting the QBI deduction to compute for income from an S-corp? Schedule C & E are no problem but S-corp income is not computing.

[Just-Lisa-Now-]

The software isn't updated to accommodate the K-1 QBI calculations...maybe in a week or so (I don't think they've announced a date yet)?  Be sure to update every week!

[cjgerber]

Thanks, I assumed I was doing something wrong!

[abctax55]

Watch the ass-u-me stuff :wink:

[abctax55 · Accepted solution]

1,247,015

Patience?

https://accountants-community.intuit.com/search?utf8=%E2%9C%93&q=qbi+not+computing&button=

[Marc-TaxMan]

I know it's complicated but this is beyond belief.  Jan 10 update did not fix this issue.  1040 K1-S and K1-P do not seem to work.  Good news:  The State Tax Refund check box has been fixed!