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Why won't ProSeries basic calculate the QBI deduction for a 1120S K-1?

shamcafee
Level 2

I've entered all the necessary data for ProSeries Basic 1040 to calculate the QBI deduction for a SCorp K-1 and it still won't calculate it.  I also have a Sch C in this tax return and that QBI deduction is calculating properly.  

For some reason, it won't bring the K-1 data into the summary worksheet for a proper total QBI calculation.

Help!

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1 Solution

Accepted Solutions
garman22
Level 13
Level 13

Its not ready for Primetime, yet. I truly hope this week or early next. I also would like to take it for a test drive. 

View solution in original post

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4 Comments 4
garman22
Level 13
Level 13

Its not ready for Primetime, yet. I truly hope this week or early next. I also would like to take it for a test drive. 

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IRonMaN
Level 15
9,123,557,668,789,987,364,145,444,157 - give or take 2.

Slava Ukraini!
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garman22
Level 13
Level 13
ish :+1::+1:
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Accountant-Man
Level 12
...156, not 157.
** I'm still a champion... of the world! Even without The Lounge.
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