My wife's business accountant says to make sure we complete form 199A to lower our tax bill. We have the K-1 he gave us for the S-corporation, but I find no form 199A anywhere in my return that I have completed with Turbo Tax. Review tool found no errors. Any advice?
There is no separate form for the Section 199A deduction.
If you input the information from the K-1 into the software, it should appropriately compute this for you. The deduction is reported on line 9 of form 1040. The computation is handled in a worksheet.
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