amelendez
Employee
12-07-2019
10:28 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The IRS says:
Many owners of sole proprietorships, partnerships, S corporations and some trusts and estates may be eligible for a qualified business income (QBI) deduction – also called Section 199A – for tax years beginning after December 31, 2017.
Since no way to calculate or report the 199a deduction on Form 1120, there is no place to enter box 20z.
https://www.irs.gov/newsroom/qualified-business-income-deduction