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QBI

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2019 Form 1120S not calculating QBI - when will this be available?

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7 Replies 7
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Level 15
Level 15

Theres a workaround

https://proconnect.intuit.com/community/proseries-discussions/discussion/199a-not-calculating-any-id...


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 15

Lisa - looks like we are referring to the 1120S side of things, not the 1040.  I had one that for whatever reason did not want to populate the info so I manually entered the amounts in the "adjustments" box to get it to fly.

After a bazillion posts, I'm tired.
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Level 15
Level 15

Ahh ok


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 3

Same issue with 1040 k-1 from 1120S.  Looks like ProSeries has QBI issues.

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Level 15

It depends on how you define "issues".  If you mean there is a bug in the program, no there isn't.  If you mean they haven't finalized the K-1 worksheet, then yes.

After a bazillion posts, I'm tired.
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Level 3

What I meant was it's not working.  Regardless of whether it's the form which has not been finalized or a bug in the program - bottom the information, and thus the calculations, are missing.

BTW,  haven't gotten any messages the forms I'm using haven't been finalized.

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Level 3
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