Deduct SE Health Insurance for Partnership QBI

[BBB]

Why isn't Proseries deducting SE Health Insurance in calculating Partnership QBI?  It is deducting it for Schedule C QBI calculation.

[IntuitCharlene · Accepted solution]

I did some digging into this and for the K-1's it would not automatically adjust for the Self Employed Health Insurance Deduction. The program assumes that this has already been taken into account on the K-1 through either Guaranteed Payments or Wages and would already be impacting QBI. If it has not already been taken into account on the K-1 then it Section D of the Schedule K-1 Worksheet you would need to make an adjustment to the amounts reported there. 

[tonycpa]

Dear moderator,

Would you please put this in as a program modification recommendation to automate this process?

Manually entering adjustments in ProSeries is just plain trouble waiting to happen.

Mistakes are bound to happen.

I expect an exceptional program to highlight this potential error, and bring it to my attention whether or not to deduct SE Health Ins from QBI.

Thank you.

Sincerely,

Tony

[tonycpa]

Dear moderator,

3/14/20 and still no clear instructions!