Where in Lacerte (Never mind, found it.)
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It seems like you may have found your answer, but here are some helpful resources for entering 199a information into Lacerte:
Lacerte QBI - Simplified Worksheet
Lacerte QBI - Complex Worksheet
Lacerte QBI - Rental Real Estate Activities
Marking Schedule K-1 if Entity is Specified Service Trade or Business (SSTB)
It seems like you may have found your answer, but here are some helpful resources for entering 199a information into Lacerte:
Lacerte QBI - Simplified Worksheet
Lacerte QBI - Complex Worksheet
Lacerte QBI - Rental Real Estate Activities
Marking Schedule K-1 if Entity is Specified Service Trade or Business (SSTB)
Is there a way to generate a 199A deduction based on the Misc Income s/t S/E tax entered on Form 14? Seems like this would be automatic?
@JLaub income entered on Lacerte screen 14.1 flows to line 21 Other Income, which would not rise to the level of a pass-thru entity, and therefore not included in the QBI deduction calculation. If you want the income to be included, you will need to include it on a pass-thru like schedule C or F.
Ok. Thanks for the reply. But, can you give me one instance where income input onto the Misc Income line S/T S/E tax would NOT be available for the QBI deduction? I would think it would be automatic.
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