1120S is prepared but the 1120S does not get the 199A deduction, the 1040 return gets the 199A deduction.... Partnership 1065 K1 reports to S Corp partner. S Corp partner prepares 1120S and issues K1 to individual. Individual prepares 1040 based on 199A components reported to him on K1. The issue is because of the multi entity flow through (1065 to 1120S to 1040) ProSeries is not flowing the wages and UBIA on the 1120S K1 issued to the individual stockholder. The S Corp has no other operations other than its K1 received from the partnership so the 1120S only has the income reported to it by the 1065 K1. Thus the 1120S has QBI of the same amount as the 1065 K1 passed to it, zero wages on the face of the 1120S and no other investment in assets on the balance sheet. The S Corp K1 then reports QBI but zero wages and zero UBIA which results in no 199A deduction on the 1040 due to the wage limitation. I don't believe this is correct. Why wouldn't the various components of QBI, Wages and UBIA flow from the 1065 to the 1120S and then to the 1040 in the same amounts. It's as though ProSeries is flowing zero wages and UBIA since it sees no such items on the face of the 1120S, ignoring what was passed into the 1120S from the 1065 K1.