Question

QBI W2 Wages on Form 199 Worksheet S Corp

Forum|Forum|6 years ago
March 8, 2020
1 reply
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I am filing my S Corp return using TurboTax Business. Because I use Quickbooks for my business, Turbo Tax imports all of my information.

For the 199 worksheet to calculate the QBI deduction, on line 9 of the form, it pulled a W2 wage amount that is higher than the actual W2 wages in Quickbooks. It is correct on the expense line in the body of the return.

Why would it show as higher in the 199 QBI calculation?

DavidS127

In Forms mode, "right-click" on that line 9 ("199A Act Wks") and select "Data Source". You will get a popup with the different sources, and blue links to those sources. Those sources should add to the line 9 amount being used in the QBI calculation.

Here is a screenshot of that "Data Source" popup:

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G

GetBusi

OMG!!! THANK YOU!! So helpful - I looked EVERYWHERE and couldn't understand or change it - for others (in case they don't want to right click) I found that it also included the labor from my cost of goods sold in the "wages" and that made up the difference. Problem solved ... and Turbo Tax was right (again!)